The Zhitong Finance App learned that Citadel Securities believes that the main driving force behind the recent sell-off of US Treasury bonds and the rise in yields to a decades-high level is not market concerns about further worsening inflation, but the continued strong US economic growth, and artificial intelligence (AI) investment and government deficits have intensified competition for capital. The agency pointed out that even if inflation were to ease in the future, it might not be enough to push US bond yields down significantly.

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