After yields soared, is the buying opportunity here? Goldman Sachs, Morgan Stanley, and other major Wall Street banks are bullish on the outlook for a rebound in U.S. Treasuries.

Zhitong Finance APP has learned that after weeks of sustained selling pushed U.S. Treasury yields to multi-year highs, Wall Street strategists have begun to reassess the investment value of U.S. Treasuries. Institutions including Goldman Sachs, Morgan Stanley, and Citigroup believe that as U.S. Treasury yields have risen sharply, the valuation appeal of bonds is strengthening. However, there are still clear disagreements among major institutions regarding the Federal Reserve's future rate path and the timing of a U.S. Treasury rebound.