刚刚！两大利好信号，突然闪现！

Market Overview - The recent global market downturn is attributed to liquidity issues, with significant declines observed in US stocks, Asian markets, and cryptocurrencies [1] - On November 21, the Shanghai Composite Index opened down 0.87%, with the ChiNext Index down 2.07%, reflecting widespread sell-offs across various sectors including semiconductor and lithium battery industries [2] Key Drivers of Market Movement - The primary causes of the market decline are linked to the Federal Reserve's management of interest rate expectations and turmoil in the Japanese bond market [2] - Positive signals emerged from the US, as Treasury Secretary indicated that the Fed should continue its rate-cutting cycle, despite Morgan Stanley retracting its prediction for a December rate cut [3] Japanese Bond Market - Japanese government bond yields showed signs of stabilization, with declines in yields across various maturities, indicating a potential recovery in the bond market [5] - The recent volatility in the Japanese yen and bond market has raised concerns about capital flight, which could lead to broader market instability similar to the turmoil experienced in the UK bond market in 2022 [6]