U.S. Treasury yields hit a 24-year high, and Pinhao stated that the valuation attractiveness has greatly increased

Rupert Harrison, a senior advisor at the global large bond investment institution Pinhao, stated that after a significant increase in U.S. Treasury yields recently, they are now at a level with high investment value. This week, the yields on 10-year and 30-year U.S. Treasuries both reached a 24-year high, mainly due to market concerns about inflation and high fiscal deficits.