The Zhitong Finance App learned that the wave of sell-offs of US Treasury bonds, which continued for several weeks, has caused Wall Street to face new challenges. Despite the unexpected weakening of the US employment report for September released on Friday, which once drove back US bond yields and US stocks rebounded, the bond market's gains did not continue. As the 10-year US Treasury yield remains above 5%, investors are beginning to focus on an issue that may be more important than short-term market fluctuations. If US borrowing costs remain high for a long time, how will the economy and financial markets face?

The Zhitong Finance App learned that the wave of sell-offs of US Treasury bonds, which continued for several weeks, has caused Wall Street to face new challenges. Despite the unexpected weakening of the US employment report for September released on Friday, which once drove back US bond yields and US stocks rebounded, the bond market's gains did not continue. As the 10-year US Treasury yield remains above 5%, investors are beginning to focus on an issue that may be more important than short-term market fluctuations. If US borrowing costs remain high for a long time, how will the economy and financial markets face?