Last week, the Fed continued to raise Treasury interest rates by another +25bps, while also not clearly showing its stance on policy for upcoming meetings. However, one thing is certain: the Fed's current policies depend heavily on fluctuations in macroeconomic indicators in the coming period.
In addition, maintaining high interest rates for a long time is not the only pressure on the increasingly rising US Treasury bond yields. The policy to expand the adjustment range of the yield curve (YCC) from the Bank of Japan (BOJ) is also impacting the US bond market.
This week's macroeconomic article from VietHustler will analyze the above events with 2 main questions:
