According to Jinshi Data, George Pavel, general manager of Capex.com Middle East, said in a report that market expectations of a Fed rate cut led to a decline in U.S. Treasury yields. Expectations of Trump's return to the White House affected the medium-term outlook for U.S. Treasury yields.
Expectations for growth-boosting measures such as tax cuts and regulatory reforms have shifted the Treasury market, prompting some investors to reduce their holdings of longer-dated bonds due to concerns about government borrowing and heightened inflation risks. Political developments are likely to continue to heighten uncertainty about upcoming economic policies and their potential impact.
