U.S. debt "steep storm" is brewing! If Powell is ousted, the 30-year US bond yield may soar to 5.5%
According to the China Fortune Financial APP, a research report released by the strategy team of the international bank Deutsche Bank recently stated that if US President Donald Trump is determined to dismiss Federal Reserve Chairman Jerome Powell through a reasonable judicial process, the independence of the Federal Reserve will be compromised, leading to a more than 50 basis points increase in long-term US Treasury bond yields. At the same time, the 10-year US Treasury bond yield, which has been significantly declining recently and is known as the "anchor of global asset pricing", will also enter an upward trajectory.
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