BofA Says Yields to Hit Record Low

Paul Sienna, a technical strategist, predicts that US 10-year yields will reach a new record low in the first half of 2020. He attributes this to the momentum in treasury markets, which he believes will attract investors despite a temporary yield increase. Sienna also highlights macroeconomic catalysts, including China's growth, coronavirus fears, and US election risks, which could impact yields.

How does Sienna view the momentum of treasury yields?

What external risks does Sienna highlight that could affect the market?