U.S. 10-Year Yields at 2.15% by End of Year: BofA’s Piron

The video discusses the US Treasury market, highlighting strong economic data and foreign investor interest. It forecasts US 10-year yields to rise by year-end. China's export-led growth remains robust, with some risks. The Korean won shows weakness due to domestic investment trends. The Philippines faces inflation risks, while India's currency offers investment opportunities due to favorable balance of payments and monetary policy adjustments.

What is the expected trend for U.S. 10-year yields by the end of the year?

• They will decrease to 1.5%

• They will remain stable at 1.6%

• They will increase to about 2.15%

• They will fluctuate without a clear trend

Which two currencies have outperformed the dollar in trade-weighted performance terms?

• British Pound and Australian Dollar

• South African Rand and Chinese Renminbi

• Japanese Yen and Euro

• Canadian Dollar and Swiss Franc

What is the main reason for the weakness of the Korean Won this year?

• Increased foreign investments

• Recycling of current account savings

• High inflation rates

• Strong domestic demand

What is a potential risk for the Philippine economy mentioned in the transcript?

• Trade deficits

• High unemployment rates

• Inflation risks

• Decreasing foreign investments

What is the attractive feature of the Indian Rupee according to the analysis?

• High interest rates

• Attractive carry

• Strong export growth

• Stable political environment