Recently, some investors began to worry about, the rise in bond yields may make future stock market growth is limited. RBS Securities head of strategy of the United States Treasury William O'Donnell recently said that in 2011 the 10-year Treasury rate will remain at 2.75% to 4% range of the range, which will be higher than 2010 levels. He said: "I know the impact of current economic factors that have penetrated them, but the trend of economic development tells us that in the last two months, the rapid rise in the stock market does not have sustainability. Some investors even began to worry about the future housing or re-price decreased by 7% to 10%, the unemployment rate will continue to remain high, while gasoline prices will continue rising.
Data show that in Wednesday trading, the 10-year yield closing at 3.37%. In trading Thursday, as released by the Chicago Purchasing Managers Index (Chicago Purchasing Manager's Index) increased to 62.5 from 68.6 before, a record since the last century, the highest level since the 80's, 10-year bond yields continue to Mogao 3.48%. American Foreign analysts had forecast Whitney said before, following the real estate bubble burst, the local debt crisis may be the biggest problem facing the U.S. economy. U.S. District next year will be a large number of municipal bond default by the outbreak, involving an amount of up to hundreds of billions of dollars to a size of nearly 3 trillion U.S. municipal bond market impact.