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Citigroup: The rise in global short-term bond yields may slow down.
Jin10 data May 12th, Citigroup's interest rate strategists stated in a report that the recent pump in global short-term bond yields may be losing momentum, and a brief pause is likely in the short term. There are still some factors unfavorable to the bond market, including the first trade protocol reached between the US and the UK, voting divergences in the Bank of England's meeting last week, and the Federal Reserve's demonstrated wait-and-see stance. Additionally, substantial progress has been made in the China-US trade negotiations.