Behind the collapse of bonds is the expectation of increasing interest rate hikes
The story begins with the annual meeting of the global central banks at the end of August. A hawkish talk by the chairman of the Federal Reserve completely reversed the little luck left in the market, and its effect is still fermenting today.During this period, several important events have continued to catalyze the financial market, forming the phenomenon that stocks and bonds have fallen together at present. It can be said that every change is proving that inflation remains high and the effect of monetary policy is not obvious. Continuous hawkish talks among officials will not be mentioned. It can be said that they have not stopped for nearly a month or two, fearing that the market does not know their determination. But it is the CPI data that really determines the market trend.The US re