According to BlockBeats, on May 17, the U.S. 10-year Treasury yield surged to 4.530%, marking a one-year high and breaking through the 4.50% policy threshold that former President Trump had previously targeted for intervention.
Federal Reserve leadership transitions and macroeconomic data have fueled rate hike expectations, with rate cut scenarios largely ruled out. Meanwhile, market pricing on Polymarket shows an 80% probability that the Bank of Japan will raise rates in June.
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