According to Jinshi, the Federal Reserve's policy meeting in December last year released a signal of interest rate cuts, driving a rebound in global bonds. However, unexpectedly strong inflation data in the United States caused this wave of gains to be wiped out. The Bloomberg Global Bond Index has fallen 3.5% this year, wiping out all gains since December 12. The yield on the 10-year U.S. Treasury bond rose 14 basis points overnight, closing at 4.31% in the Asian session on Wednesday. The yield on the 10-year Japanese government bond once climbed 4 basis points. The governors of many central banks have poured cold water on the market's bets on interest rate cuts as early as March, and global bonds have fallen this year. After the U.S. CPI rose much more than expected, the bond decline accelerated, and traders postponed the Fed's first rate hike estimate to July.

#美联储