CoinVoice Latest News, according to Jin10 data report, the Chief Economist of the Bank of Singapore, Mansoor Mohi-uddin, stated in a research report that the downgrade of the US credit rating last Friday has a broad impact on its economic outlook. First, the deteriorating US fiscal situation reinforces our view that long-term US Treasury yields will rise over time. The bank continues to predict that in the next 12 months, the yield on the 10-year US Treasury will reach 5.00%. Second, the threat to the safe-haven status of US Treasuries highlights the bank's view that the dollar has already peaked. Finally, the enormous US deficit and Inflação may force the A Reserva Federal (FED) to keep the Taxa de juros at a high level for a longer period.
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CoinVoice Latest News, according to Jin10 data report, the Chief Economist of the Bank of Singapore, Mansoor Mohi-uddin, stated in a research report that the downgrade of the US credit rating last Friday has a broad impact on its economic outlook. First, the deteriorating US fiscal situation reinforces our view that long-term US Treasury yields will rise over time. The bank continues to predict that in the next 12 months, the yield on the 10-year US Treasury will reach 5.00%. Second, the threat to the safe-haven status of US Treasuries highlights the bank's view that the dollar has already peaked. Finally, the enormous US deficit and Inflação may force the A Reserva Federal (FED) to keep the Taxa de juros at a high level for a longer period.