After the Federal Reserve’s October rate cut, dollar market interest rates rose instead of falling, which triggered sharp declines in U.S. Treasuries and equities while the U.S. dollar strengthened significantly. There were two main reasons for the sharp rebound in dollar market rates: first, Chair Jerome Powell’s hawkish comments about a December rate cut, which sharply cooled market expectations for a December cut; second, the prolonged U.S. government “shutdown” tightened dollar liquidity on a temporary basis, prompting panic selling of Treasuries to raise cash.​Looking ahead, whether the Fed cuts in December depends on when the U.S. government ends the “shutdown” and whether the “catch‑up” employment data deteriorates. The high‑probability scenario is that dollar liquidity pressures wi

SummaryThe Trump administration's "Big and Beautiful Act" has sparked controversy, on one hand, raising market concerns over the burden of government spending, and on the other hand, the Article 899 is brewing a potential capital tax storm.After the outbreak of the tariff war, Asian currencies have generally appreciated, and "de-dollarization" has become a trend in Asian markets, with most Asian stock markets performing well.The Korean presidential election has concluded, and investors are optimistic that the new president will introduce stimulus policies and market reforms to boost the economy. The KOSPI has entered a technical bull market, with large-cap stocks like Samsung benefiting.Market volatility has increased, creating opportunities for swing trading. Following the launch of the f

Investment Year Rewind![Miser]2023's market rollercoaster is over, and it's time to assess gains (hopefully)[Cool], losses (ouch)[Cry], and most importantly, lessons learned.But before we dive into our own portfolios, let's crown the prophet of profits!We're awarding a prize for the most accurate asset prediction among articles from our top community accounts.Did their insights guide your investments?Which predictions surprised you the most?Join the discussion and share your own 2023 investing wisdom!1. @AlexPoonFOTrading: We might expect gold to hit a record high this yearHe pointed out on January 8 that the combination of several factors – dollar weakness, the end of F

On Monday, the U.S. 10-year Treasury yield $10-YR T-NOTE - main 2312(ZNmain)$ briefly breached the key 5% mark, reaching levels last seen in July 2007. The increase heightened concerns that rising borrowing costs could slow the U.S. economy. Typically, gold tends to fall when further interest rate hikes are likely. However, gold prices remain high due to the inflow of safe-haven funds triggered by the conflict in the Middle East. After a brief period of consolidation, safe-haven demand will continue to push $Gold - main 2312(GCmain)$ higher. We believe geopolitical tensions and uncertainty in the Middle East will continue to drive gold prices higher.$Gold

10-year Treasury yield hit a 16-year high and suppressed the stock market. However, the relationship bewteen US treasury and yields has been confusing the investors.chart from bloombergFor example,US medium-term bonds maturing on August 31, 2024, with an coupon rate of 3.25%" has an annualized yield of 5.25%.What’s the relationship between treasuries and treasury yields? Why US treasuries have two different rates?Treasury prices and US Treasury yields are negatively correlated.The fixed face value of the US Treasury bond is $100.The true yield of US Treasury bonds = coupon rate income + trading spreadCoupon rate income: Coupon rate is fixed and determined at the time of bond issuance.Trading spread: The trading price of bonds usually fluctuates in the market.Therefore, the t

The two-year Treasury yield $2-YR T-NOTE - main 2312(ZTmain)$ , which moves with interest rates expectations, rose 0.09 percentage points to 5.20%, its highest level since 2006. The U.S. 10-year Treasury yield $10-YR T-NOTE - main 2312(ZNmain)$ is also at a high this year, exceeding 4.8%.Why do U.S. bond yields $2-YR T-NOTE - main 2312(ZTmain)$ continue to rise? What impact will it have on the U.S. economy and the prices of financial assets such as the $USD Index(USDindex.FOREX)$, $S&P 500(.SPX)$ , $WTI Crude O