CoinVoice has recently learned that, according to a report from Jinshi, Societe Generale has stated in its analyst report that after the Federal Reserve's anticipated interest rate cut, it has taken profits on a short position in a 10-year U.S. Treasury bond trade. The bank entered the position at a yield of 4.09% and closed it at 4.15%.

Analysts say that the Federal Reserve's imbalanced policy response mechanism will put pressure on the interest rate market before the next non-farm payroll data is released. Although there were disagreements in the voting on this Federal Reserve decision, policymakers are emphasizing the weakness in the U.S. labor market.[Original link]