Market Alert: Fed Meeting Speculation Fuels Market Anxiety

Since Friday, global markets have experienced a significant downturn, heavily impacting cryptocurrencies, as concerns about a U.S. recession escalate. Speculation about an imminent Federal Reserve "emergency meeting" to reduce interest rates before the scheduled decision on September 18 is rampant, with a 60% chance being anticipated.

Bond yields have plummeted, with 2-year U.S. Treasury yields dropping to 3.9%, a level unseen since the previous banking crisis. German bond yields have also reached a 7-month low, indicating widespread unease.

Tracy Chen from Brandywine Global states, "Investing in bonds now makes sense." Stay vigilant, traders—this could be crucial for your strategy.