EconomyHong Kong investors warm to US Treasuries as yields reach a 20-year high
After a prolonged sell-off pushed US Treasury yields to multi-decade highs, the bonds are drawing more interest from Hong Kong investors. Some strategists and wealth managers recommend buying, while others warn of further losses. The benchmark 10-year yield rose above 5.36% on Wednesday, its highest in 24 years, then eased to about 5.23% on Thursday after strong demand at a US$22 billion 30-year bond auction.
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South China Morning Post★★☆☆☆2026-10-12 23:00Original
Hong Kong investors warm to US Treasuries as yields reach a 20-year high
Economy