Short-Term Bond Yields Could Pause Following Recent Increase

Global short-term bond yields may experience a temporary pause, according to Citigroup’s interest rate strategists. This potential slowdown comes after a period of significant growth, triggered by factors such as the U.S.-UK trade agreement and progress in negotiations between China and the United States. However, several challenges persist in the bond market, including division amongst members at the Bank of England’s recent meeting, and the Federal Reserve’s cautious approach.