The Zhitong Finance App learned that recently, the US long-term treasury bond market experienced a sharp sell-off. The yield on 30-year treasury bonds once soared to the highest level since 2007. On Friday, the yield was basically flat at 5.25%. Faced with the pressure of a sharp rise in borrowing costs, the US Treasury took urgent action and announced that it would at least double the scale of long-term treasury bond repurchases. However, Goldman Sachs Group is not optimistic about the results of this move, saying bluntly that in the absence of fundamental changes in macroeconomic fundamentals, the Ministry of Finance's efforts may be difficult to sustain. Goldman Sachs Group pointed out that although the US Treasury is doing its best to contain rising borrowing costs, cooling inflation is still the most persuasive way to reduce bond yields.

The Zhitong Finance App learned that recently, the US long-term treasury bond market experienced a sharp sell-off. The yield on 30-year treasury bonds once soared to the highest level since 2007. On Friday, the yield was basically flat at 5.25%. Faced with the pressure of a sharp rise in borrowing costs, the US Treasury took urgent action and announced that it would at least double the scale of long-term treasury bond repurchases. However, Goldman Sachs Group is not optimistic about the results of this move, saying bluntly that in the absence of fundamental changes in macroeconomic fundamentals, the Ministry of Finance's efforts may be difficult to sustain. Goldman Sachs Group pointed out that although the US Treasury is doing its best to contain rising borrowing costs, cooling inflation is still the most persuasive way to reduce bond yields.