According to Jin Shi data reports, Jupiter Asset Management pointed out in the report that investors are facing contradictory macro signals, which may lead to increased volatility in the bond market. Although the US economy remains resilient, if real interest rates stay high for a long time, demand may slow down.
The Federal Reserve has begun to cut interest rates, but due to the strength of the US economy, the market has lowered expectations for further rate cuts. Investment managers stated that the path of the Fed's future easing cycle is still unclear, and investors have different expectations regarding the speed and extent of rate cuts.