BlackRock: Even if the Fed stands pat, US Treasury yields will rise

August 4th, BlackRock's think tank believes that the Federal Reserve may not raise interest rates, but this will have a limited effect on curbing the rise of the U.S. long-term bond yields.

Wei Li, Chief Investment Strategist at BlackRock's think tank, said, "In fact, we believe that the Federal Reserve may stand pat."

She pointed out that during Powell's tenure as Fed Chair, policy uncertainty will continue to cause investors to worry about future funding costs, thereby keeping long-term bond yields under pressure.