"Powell risk" lingers as ever, the "global asset pricing anchor" could soar at any moment.
According to the Wisdom Financial News APP, after several days of debate surrounding the possible hawkish or dovish turn in the Federal Reserve's monetary policy path, as well as the possibility of a change in leadership at the Federal Reserve, the US bond market recovered some of its weekly losses on Friday, while the US dollar, which has been continuously sold off this year, remains on a weakening trajectory. JPMorgan strategists stated that the uncertainty facing the stock, bond, and foreign exchange markets remains high, which could lead to continued trading of US long-term bonds at a discount, especially with the potential for significant increases in long-term US bond yields of 10 years or more at any time.
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