Ed Yardeni, president of Yardeni Research, said that given that inflation is expected to cool down, US 10-year treasury bonds with a yield of around 5% seem “very attractive.” “To buy 10-year US bonds at 5%, you have to be relatively optimistic that productivity will drive inflation down, and that's what I think,” Yardeni said in an interview with Bloomberg TV. “I think when the yield is 5%, 10-year US bonds are very attractive.”

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