According to BlockBeats, on September 17, Federal Reserve Chairman Warsh stated that the current rise in US Treasury yields is mainly due to three factors: First, the US economy is performing strongly; second, intensified capital competition and a significant increase in corporate capital expenditure (Capex) are real trends; and third, geopolitical factors.
Warsh stated that the financing needs arising from economic growth, competition for capital, and geopolitical changes have collectively driven up bond yields.