I admit the U.S. stock earnings report has crashed, and today the global bond market has collapsed as well! 🥲

With the ongoing escalation of the situation in the Middle East, oil prices have soared, with Brent crude heading towards $100/barrel. Global inflationary pressures have once again risen, and inflation expectations have naturally triggered concerns from central banks around the world, as well as changes in market interest rates!

Today, the yield on Germany's 10-year government bonds increased by 3 basis points to 3.21%, the highest level since 2011; the yield on the U.S. 10-year government bonds rose during the day to 4.68%, close to the 4.69% peak at the beginning of the Middle East conflict. In terms of U.S. bonds, there is also a need to prevent Japanese exchange rate intervention, which creates pressure to sell U.S. bonds and buy yen.

📊 Data observation shows that the market is beginning to factor in expectations for the European Central Bank to raise interest rates twice more this year, each by 25 basis points, while bets on the Federal Reserve resuming rate hikes are also intensifying. As shown in the chart below, the probability of a 25 basis point rate hike in September has sharply risen from the previous 28% to today's 47%, creating a divergence!

Pay attention to this wave of fierce inflationary pressure! 🤔

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。