Glonghui, April 18 | A market strategist for global economic and market research under UOB Singapore said in a research report that the yield on US 10-year treasury bonds may continue to rise, and the key resistance level is the high of 5.021% hit in October last year. However, the strategist said that the Japan Relative Strength Index is approaching the highest overbought level since October 2023, so it is unclear whether the 10-year Treasury yield will have enough momentum to rise to 5.021%. Considering other technical indicators and weekly lines, it seems unlikely that the 10-year Treasury yield will peak in October in the next few months.