Eurizon: Rising US Treasury Yields Cause Concern, Trade Talks Fail to Boost Treasuries

Asset management company Eurizon stated in a report that the current rise in U.S. Treasury yields is concerning, indicating that U.S. debt and fiscal policy continue to worry investors. Due to tariff uncertainties, U.S. stock, bond, and dollar markets have faced a triple sell-off for several weeks. While recent positive news regarding U.S. tariff agreements has boosted the stock market and the dollar, it has not lifted U.S. Treasuries. Although tariff talks logically have a positive impact on economic growth, the persistently high yield levels suggest that the U.S. fiscal trajectory remains worrisome. The ongoing budget negotiations in the U.S. Congress will be crucial for the bond market.