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TechFlow, October 16 — Jefferies global economist Mohit Kumar said in a report that there is limited room for further decline in U.S. 10-year Treasury yields from current levels. Jefferies believes German government bonds offer higher return potential and, by comparison, favors an underweight stance on U.S. Treasuries. Kumar noted: "We continue to believe that U.S. Treasuries are unlikely to see a significant rebound from current levels." (Jinshi)
Jefferies global economist Mohit Kumar said in a report that there is limited room for further decline in the U.S. 10-year Treasury yield from current levels. Jefferies believes German government bonds offer higher return potential and, in comparison, favors an underweight stance on U.S. Treasuries. Kumar noted: "We still believe that U.S. Treasuries are unlikely to see a significant rebound from current levels." (Jinshi)
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