🔴 Nothing is certain in the markets, but it is almost certain that the U.S. interest rate cut is coming next year.. However, the government and financial markets may face a major shock, the yield on the 10-year U.S. Treasury bond will not drop much

⬅️ Reason:

📌 The Fed has more influence on short-term rates

📌 Long-term yields reflect inflation, risk premium, and increased bond issuance

📌 Inflation is near 3% and the pressures are not over yet$XAU

XAUUSDT

Perp

4,395.02

+1.38%