ChainCatcher news, Pepperstone strategist Michael Brown stated in a report that due to concerns about the U.S. economy losing momentum under Trump's leadership and increasing policy uncertainty, the dollar has fallen alongside U.S. Treasury yields.The Trump administration is doubling down on the idea of trading short-term economic pain for long-term gains, and the persistently weak sentiment has driven yields lower, putting pressure on the dollar, "with a broader flight from dollar-denominated assets also playing a role." Meanwhile, the market will focus on the U.S. job openings data to be released tonight; if the data is weak, it will exacerbate the existing market tension regarding diminishing economic momentum.

ChainCatcher news, according to Jinshi reports, U.S. Treasury investors are beginning to bet that the Federal Reserve's policy focus will shift from curbing inflation to addressing the slowdown in economic growth. Under this expectation, U.S. Treasuries have risen for six consecutive trading days, with yields falling to their lowest level of the year.Morgan Stanley strategists indicate that if the market's expectations for Federal Reserve policy shift slightly, the 10-year U.S. Treasury yield could potentially fall below 4%. Currently, traders have resumed expectations for two rate cuts by the Federal Reserve this year (each by 25 basis points) and anticipate further cuts next year to around 3.65%. The bank believes that if market expectations for rates drop to 3.25%, the 10-year U.S. Treasury yield could fall below 4%.Recently, U.S. Treasury auctions have performed strongly, with Wednesday's auction of $44 billion in seven-year Treasuries yielding 4.194%, lower than the pre-auction market close of 4.203%, indicating demand exceeded expectations. Analysts point out that investors see reasons for rate cuts not only from economic growth indicators but also from U.S. fiscal and immigration policies, including Trump's threats to impose tariffs on major trading partners.So far this year, U.S. Treasuries have risen 2.3%, surpassing the S&P 500 index's increase of 1.3%. The personal consumption expenditures price index for January, to be released on Friday, may become a key data point influencing market expectations.

ChainCatcher news, according to Jinshi reports, U.S. Treasury yields ended a turbulent week with mixed trends, as tariff threats raised concerns about rising inflation in the short term and a slowdown in economic growth later. Forecasters have been trying to estimate the impact of tariffs on prices, but the Trump administration's sporadic approach has complicated this task. The January CPI and PPI will be released next week, with little expected change.Futures markets show that bets on the Federal Reserve cutting rates more than once this year are decreasing. The 10-year Treasury yield fell this week, while the 2-year Treasury yield rose.

ChainCatcher news, according to Jinshi reports, T. Rowe Price capital market strategist Tim Murray stated in a report that despite the Federal Reserve's interest rate cuts, U.S. Treasury yields have continued to rise in recent months, which is a concerning trend.Although the 10-year U.S. Treasury yield has partially retreated from recent peaks, the overall trend remains upward. Equally concerning is that the stock market is also feeling the pain of high interest rates. Since mid-December of last year, the correlation between the U.S. bond market and the stock market has been increasing.

ChainCatcher news, according to Jin Shi reports, BeiChen Lin, an analyst at Russell Investments, stated in a report that even if the U.S. inflation report released on Wednesday is only slightly above expectations, it could trigger a sell-off in the bond and stock markets. This investment strategist noted that last Friday's exceptionally strong U.S. employment report seems to have awakened concerns about inflation.He stated, "Although we believe that U.S. Treasury yields are attractive at current levels, we still think that unless yields rise significantly, it is best for investors to stick close to their long-term allocation ratios." Economists surveyed by The Wall Street Journal expect the U.S. CPI in December to increase by 2.9% year-on-year, up from 2.7% in November. The survey indicates that the annual core inflation rate is expected to remain unchanged at 3.3%.

ChainCatcher news, after the Federal Reserve cut interest rates by 25 basis points, the bond market seems to be pricing in a hawkish tone from Chairman Powell's speech. U.S. Treasury yields are rising, with the 10-year Treasury yield reaching levels not seen since the summer. Federal Reserve officials expect next year's inflation rate to remain above the 2% target.In response, a reporter asked Powell what would lead the Federal Reserve to cut rates in 2025, given this forecast. Powell replied that substantial progress has been made in cooling prices, but further progress is still needed. Additionally, the Federal Reserve wants to ensure that the labor market remains stable. (Jin Shi)

ChainCatcher news, according to Jinshi reports, U.S. Treasury yields rose before the Federal Reserve's decision announcement. However, the economic data released that day showed that U.S. new housing starts declined both month-over-month and year-over-year, which led to a slight decrease in Treasury yields.The current market expects the Federal Reserve to cut rates by 25 basis points and suggests a pause in rate hikes in January, increasing the hawkish tone. Affected by this expectation, the settlement price of the 10-year U.S. Treasury yield may reach its highest level in over a month.

ChainCatcher news, according to Jinshi reports, data from the U.S. Department of Labor shows that the number of initial jobless claims increased last week. The number of initial jobless claims in the U.S. for the week ending November 30 was recorded at 224,000, compared to 215,000 the previous week. Economists surveyed by the Wall Street Journal had previously expected the number of initial jobless claims for the most recent week to be 215,000. Meanwhile, the number of people continuing to receive unemployment benefits fell to 1.87 million, down from 1.90 million the previous week. The data indicates that while initial jobless claims have risen, they remain relatively stable. The November employment report will be released on Friday. Analysts expect that after the October employment data was affected by hurricanes and the Boeing strike, the November employment report will show a significant recovery in employment.After the U.S. initial jobless claims data suggested a potential softening in the labor market, U.S. Treasury yields lost some momentum, and the dollar weakened, which strengthened the case for a Federal Reserve rate cut. Last week's initial jobless claims were 224,000, higher than the expected 215,000. The non-farm payroll numbers for November, expected to be released tomorrow, are projected to jump from 120,000 in October to 214,000. The trade deficit for October narrowed to $73.8 billion, in line with expectations. The 10-year U.S. Treasury yield stood at 4.208%, while the 2-year yield was at 4.161%, both higher than yesterday.

ChainCatcher news, according to 4E monitoring, on Wednesday, the three major U.S. stock indices fell, influenced by weak stock prices of Apple and Nvidia. Investors sold off technology stocks, chip stocks, and AI concept stocks, dragging the Nasdaq down by 1.60%, leading the decline, while the Dow and S&P both fell about 1% and have declined for three consecutive days. The cryptocurrency market followed the general downturn of U.S. stocks, with Bitcoin briefly approaching $65,000. As of the time of writing, Bitcoin is at $67,300, up 0.36%, while Ethereum is at $2,550, down 2.43%.In the foreign exchange and commodity markets, as the election approaches, investors are weighing the possibility of a significant victory for Trump, which is considered the most favorable outcome for the dollar. The dollar index rose over 0.3% to near a three-month high, with the yen, euro, and pound all declining. Spot gold approached $2,760 during the session, setting a historical high for five consecutive days. Subsequently, the dollar and U.S. Treasury yields rose together, putting pressure on precious metals, turning gains into losses. Spot gold fell 1.2% at the close, while spot silver briefly dropped 4%, departing from its twelve-year high. Last week, the EIA crude oil inventory increase exceeded expectations, putting pressure on oil prices, with U.S. oil falling over 1.3%, ending a two-day rise.The Federal Reserve's Beige Book released on Wednesday showed little change in U.S. economic activity, with an increase in hiring by businesses and continued easing of inflationary pressures. With a series of strong economic data released recently, expectations for Fed rate cuts have weakened, coupled with "Trumpflation" prompting the market to reconsider rate cut expectations, especially for next year, leading to a sustained rise in the dollar and U.S. Treasury yields, which pressured risk assets. The stock market, commodities, cryptocurrencies, and non-U.S. currencies were generally under pressure. eeee.com is a financial trading platform that supports assets such as cryptocurrencies, stock indices, commodity gold, and foreign exchange. It recently launched a USDT stablecoin financial product with an annualized yield of 5.5%, providing investors with a potential hedging option. 4E reminds you to pay attention to market volatility risks and to allocate assets reasonably.

ChainCatcher news, according to Jinshi reports, based on the CME FedWatch Tool, the bets on a 50 basis point rate cut by the Federal Reserve next week have risen from 28% yesterday to 43%, and U.S. Treasury yields are expected to record a weekly decline. The CPI and PPI data released this week support expectations for a mild performance of the PCE data at the end of this month, leading some investors to anticipate that the Federal Reserve will be more concerned about employment issues.Meanwhile, The Wall Street Journal reported that officials are considering a more aggressive monetary easing policy as they believe inflation is under control and are worried about employment issues. The 10-year U.S. Treasury is trading around 3.657%, while the 2-year U.S. Treasury is at 3.598%.

ChainCatcher news, UBS strategist Emmanouil Karimalis pointed out in a report that the recent trends in U.S. Treasury bonds and the yield curve seem more pronounced than the average and median of comparable historical periods, ahead of the Federal Reserve's expected rate cut on September 18."The bond market typically rebounds at the time of a Fed rate cut, but compared to past cycles, the recent rebound has been larger; the increase in the 10-year U.S. Treasury bond over the past month is the largest in recent history," he stated, adding that the current market pricing seems to be more excessive compared to the last three Fed rate cut cycles.According to Tradeweb data, the yield on the 10-year U.S. Treasury bond is currently 3.717%, having decreased by 23 basis points over the past month. (Jin Shi)

ChainCatcher message, Singaporean crypto investment firm QCP Capital stated that with the rising dollar and U.S. Treasury yields, stock market trading remains weak, and Bitcoin has been under pressure. If the market's expectations for a Federal Reserve rate cut continue to weaken, it is likely that we will see a broad risk-averse sentiment leading to significant declines in asset prices. However, the firm still believes this is a good opportunity to "buy the dip" in Bitcoin, as trading desks continue to see persistent buying of long-term bullish options for the period from December 2024 to March 2025 (indicating a structurally bullish outlook for Bitcoin).Additionally, institutional participation and demand for spot ETFs are continuously increasing.

ChainCatcher news, SoSo Value data shows that the U.S. 10-year Treasury yield and Bitcoin price have exhibited a significant negative correlation of -90.61% over the past 6 months. Yesterday, the U.S. 10-year Treasury yield surged to 4.3, while the U.S. stock market adjusted overall, with Bitcoin price dropping more than 5% in 24 hours.Additionally, meme stocks in the U.S. stock market continue to experience a significant pullback, while the cryptocurrency meme sector has seen a sharp decline of over 12% in 24 hours, leading all cryptocurrency sectors, whereas the SocialFi sector only dropped by 4.58% in 24 hours.

ChainCatcher news, the staking vault sFRAX under Frax Finance that utilizes U.S. Treasury yields has been launched, with a total supply of sFRAX reaching 4,655,361 tokens and an annual yield of approximately 10%.According to previous reports, Frax Finance will launch the staking vault sFRAX that utilizes U.S. Treasury yields, allowing users to deposit funds into sFRAX and earn a yield of 10%, which will then shrink to the current IORB rate of the Federal Reserve, around 5.4%.

According to ChainCatcher, as reported by Blockworks, Frax Finance will launch the sFRAX vault today, which utilizes the yields from U.S. Treasury bonds. It opens a brokerage account in partnership with Lead Bank in Kansas City to purchase U.S. Treasury bonds, tracking the Federal Reserve's interest rates to maintain relevance. Users will be able to deposit funds into sFRAX and earn a 10% yield, which will then shrink to the Federal Reserve's current IORB rate, approximately 5.4%.