凯投宏观：美国经济数据与市场之间的脱节不太可能持续

Core Viewpoint - The disconnect between strong U.S. economic data and the panic in U.S. financial markets is unlikely to persist, with expectations for a rebound in U.S. stock markets, Treasury yields, and the dollar [1] Economic Data Analysis - Recent U.S. labor market and inflation data have been unexpectedly strong, contradicting the recent decline in Treasury yields [1] - The broader U.S. economy appears to be starting 2026 on a positive note, with most data exceeding general expectations [1] - It is anticipated that this positive trend will continue in the coming months, typically leading to rising yields rather than declines [1]