Group 1 - Bill Gross warns that due to rising fiscal deficits and a weakening dollar, the 10-year U.S. Treasury yield is unlikely to fall below 4.25% [1] - Gross suggests a "small bull market" strategy for stocks and a "small bear market" stance for bonds, emphasizing that the stock market, driven by AI, indicates 1-2% economic growth [1] - The current 10-year yield hovers around 4.3%, typically exceeding consumer price inflation by about 1.75 percentage points [1] Group 2 - The S&P 500 index has risen over 3% year-to-date, while the Nasdaq 100 index has increased more than 5%, with expectations of institutional investors increasing stock exposure [2] - Gross previously advised caution during market volatility in early April, suggesting investors avoid trying to "catch a falling knife" amid tariff concerns [2] - Gross believes that there will not be dramatic changes in the current market conditions [3]
老债王发出警告：10年期美债收益率难破4.25%底部，AI驱动美股“小牛市“延续
智通财经网·2025-06-25 02:59