Roubini: Inflation remains the biggest risk for the market, and U.S. Treasury yields may rise to a 30-year high
According to Jinshi, renowned economist Nouriel Roubini warned that inflation remains the biggest risk facing the market. Factors driving inflation include geopolitical tensions, de-globalization, and increased government spending. He stated that if the U.S. Consumer Price Index (CPI) reaches 5% - 6%, the yield on the 10-year U.S. Treasury bond could be "close to" 8%, which would be the highest level since 1994, a significant increase from the current level of about 4.58%.
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