Citigroup: Treasuries at 5% a buy as yields increase

Quick Summary:

US Treasury 10-year yields can rise further to 5% as the economy hums along, a level that would offer a buying opportunity, according to Citigroup Inc’s wealth division.

Follow us on our official WhatsApp channel for breaking news alerts and key updates! GDA secures 84.

Closely-watched non-farm payrolls data due Friday may give Treasury traders another reason to sell should the data beat estimates.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: USTreasuryYields InterestRates Economy BondMarket FedPolicy YieldSpikes FixedIncome /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 00:00:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 305 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24985718

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 37 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #22

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