Commerzbank: If the 10-year U.S. Treasury yield remains above 5%, it will further tighten financial conditions.

Analysts in Commerzbank's research division said the rise in U.S. Treasury yields is mainly driven by persistent inflation concerns, high oil prices, large-scale government financing needs, and a surge in corporate bond issuance related to artificial intelligence investment. If the 10-year U.S. Treasury yield remains above 5%, it will further tighten financial conditions.