荷兰国际：全球债券收益率或走高，但上行缺乏强劲催化剂

Core Insights - Global interest rates may soon test higher levels, as indicated by Dutch international rate strategists [1] - The Federal Reserve is expected to lower interest rates but may adopt a cautious stance regarding further cuts, which could exert some pressure on yields [1] - The bond market's volatility is likely to remain limited due to a lack of strong catalysts to drive yields significantly higher [1] Summary by Categories Interest Rate Outlook - The Federal Reserve is projected to maintain its median forecast, suggesting only one more rate cut by 2026 [1] Market Dynamics - The absence of strong catalysts is expected to keep bond market volatility in check, limiting significant increases in yields [1]