Odaily Planet Daily News: Fed Chairman Powell said in a speech at Jackson Hole last Friday that "now is the time to cut interest rates", and then the market's expectations for the Fed to cut interest rates by as much as 50 basis points at the September meeting have warmed up. Deutsche Bank strategists pointed out that the number of people applying for unemployment benefits has actually remained stable or even declined in the past few weeks. Strategists believe that the US economy may not be in trouble and are shorting 10-year Treasury bonds. They give a 10-year Treasury yield target of 4.1% and a stop loss point of 3.65%. They said that the Fed's dovish attitude has been fully priced in because the market has expected the Fed to cut interest rates by at least one 50 basis point in the remaining three meetings this year, eventually reducing interest rates from the current 5.25%-5.5% range all the way to 3%. (Jinshi)