Crypto news flash from Bianjie: Nouriel Roubini warned that geopolitical tensions, deglobalization, and increased government spending are pushing inflation higher, and inflation remains the biggest risk for the market. If the U.S. Consumer Price Index (CPI) reaches 5%-6%, the 10-year U.S. Treasury yield could rise to 8%, higher than the current level of about 4.58%. Rising government debt leads the Treasury to issue more bonds; if demand does not grow in parallel, the increased bond supply will push yields higher.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • 2
  • Share
Comment
Add a comment
Add a comment
L2BridgeTicket
· 2h ago
I buy into the logic of de-globalization to fight inflation, but is 8% too pessimistic?
View OriginalReply0
GateUser-de0b9e3b
· 2h ago
The Ministry of Finance is issuing bonds left and right, but demand can’t keep up—of course yields won’t skyrocket.
View OriginalReply0
OrderFlowEye
· 2h ago
If CPI really hits 6%, wouldn’t risk assets all plunge together?
View OriginalReply0
StopLossArtist
· 2h ago
Roubini’s “cursed” raven mouth is working again—just think about an 8% ten-year yield, it’s downright thrilling.
View OriginalReply0