全球利率交易：理清复杂信息-Global Rates Trader_ Cutting Through Mixed Messages

22 August 2025 | 8:49PM BST Global Rates Trader Cutting Through Mixed Messages Chair Powell's Jackson Hole message cleared the market's low bar for dovishness following a steady erosion in Fed cut pricing. It will be up to the data to determine the pace and depth of cuts, but the position and balance of risks around the labor market leave us comfortable with front-end longs in the US; renewed efforts to reshape the Fed present a potential challenge to longer maturities. Higher frequency Treasury demand meas ...