Dowcape Securities: Despite volatility, it is expected that US Treasury yields will remain within a range of fluctuations.

Molly Brooks and Gennadiy Goldberg of TD Securities stated in a report that following the surge in oil prices due to the Middle East conflict and the market no longer factoring in expectations of a Fed rate cut, US bond yields have been pushed higher, but are still expected to remain range-bound. The two interest rate strategists said, "We continue to expect the range of 4.0%-4.3% to hold temporarily." Data from Tradeweb shows that the 10-year US bond yield closed at 3.962% on February 27th, and reached a high of 4.290% last Friday. The latest 10-year US bond yield is reported at 4.244%, a daily increase of 2.5 basis points.