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03:05
JPMorgan is bearish on two-year US Treasury bonds due to cautious outlook on Federal Reserve interest rate prospects
Glonghui, February 13th|JPMorgan strategists recommend selling two-year U.S. Treasury bonds as a "tactical" move, citing the continued resilience of U.S. economic growth, which will make it difficult for the Federal Reserve to implement significant rate cuts. The team of strategists wrote in their report: "With strong economic fundamentals, once Kevin Warsh's nomination is confirmed and he takes over as Federal Reserve Chairman, it will be very difficult for him to influence the decisions of the Federal Open Market Committee (FOMC)." The U.S. will release a key inflation report on Friday, which may provide clues for the Fed's next move. If the data shows that price pressures have eased, demand for short-term, policy-sensitive Treasury bonds may rise. This week, Treasury yields have experienced volatility, affected by a sell-off in tech stocks and strong U.S. employment data, sparking market discussions on how Trump's nominee for the next Fed Chair, Warsh, will handle policy.
03:05
Thailand stock market opens down 0.3%
Glonghui, February 13|The Thai stock market opened down 0.3% to 1,437.01 points.
03:05
Michael Saylor calls on the US to formulate policies supporting corporate bitcoin purchases
Michael Saylor calls on the United States to lead in the fields of artificial intelligence and digital assets through constructive policies, supporting American companies in purchasing bitcoin to benefit taxpayers. (Cointelegraph)
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