BlockBeats News, May 19th, as the 30-year U.S. Treasury bond yield rose to around 5.14%, approaching its highest level since 2007, the global bond market is experiencing a significant divergence. Some institutions believe that the current long bond valuation is attractive, but more investors are concerned that inflation, fiscal deficits, and the Middle East situation will further drive up yields.

Goldman Sachs believes that certain indicators of long-term U.S. bonds have shown allocation value, but they advise caution; Barclays warns that the 30-year U.S. bond yield may rise above 5.5%; while BlackRock's research department recommends reducing holdings of developed countries' bonds, including U.S. Treasuries.

Market analysis suggests that rising energy prices, expanding U.S. fiscal deficits, and enhanced inflation stickiness are pushing up the long-term bond term premium, weakening market confidence in the "yield peak." Meanwhile, there have been changes in the structure of foreign buyers of U.S. Treasuries, with hedge funds and financial center funds replacing traditional long-term official buyers, making the market more sensitive to price fluctuations.

Institutions are generally concerned that if the situation in the Middle East escalates further or U.S. inflation continues to exceed expectations, the long-term U.S. bond yield may enter a new upward range, and global bond market volatility may further intensify.