瑞银：10年期美债仍处高位，有进一步下行空间

Core Viewpoint - UBS strategists indicate that the 10-year U.S. Treasury yield remains at the high end of its range since 2008, suggesting further downward potential [1] Group 1: Market Sentiment - Recent declines in U.S. Treasury yields are attributed to increasing market confidence that the Federal Reserve will begin to cut interest rates [1] - If U.S. economic growth disappoints and data weakens, high-quality bonds are expected to experience an upward trend, potentially leading to significant capital gains [1]