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The Fed cut interest rates while the yield on US bonds is still on the rise, which may be a worrying trend
On February 6, Jinshi Data reported that Tim Murray, a strategist at T.Rowe Price Capital Market, said in a report that despite the rate cut by the Federal Reserve, US Treasury yields have continued to rise in recent months, which is a worrying trend. Although the yield on 10-year US Treasury bonds has partially retreated from its recent peak, the overall trend is still rising. It is also concerning that the stock market has felt the pain brought by high interest rates. Since mid-December last year, the correlation between the US bond market and the stock market has been rising.