Group 1 - US Treasury bonds are on track for their first increase in five trading days, as traders anticipate upcoming speeches from multiple Federal Reserve officials that may signal further interest rate cuts [1] - The yields on US Treasuries across various maturities are generally declining, with the 10-year Treasury yield falling by 2 basis points to 4.13% [1] - Market uncertainty regarding the Federal Reserve's future policy direction is high, leading investors to favor assets that are likely to yield returns even if economic fluctuations hinder rate cut plans [1] Group 2 - Following the recent interest rate cut described by Fed Chair Powell as a "risk management" measure, conflicting signals have emerged from Fed officials regarding the timing and possibility of further easing [4] - Market focus has shifted to upcoming economic indicators, including the Purchasing Managers' Index (PMI) and the Richmond Fed Manufacturing Index, as investors seek evidence of a weakening US economy [4] - The Chief Investment Officer of Marathon Asset Management anticipates a further 125 basis points of rate cuts, emphasizing that the Fed has a long way to go on the path of easing [4]
美债反弹在望 能否成行还看鲍威尔“定调”
Zhi Tong Cai Jing·2025-09-23 11:57