vivimoney Daily Only Making Money Daily Macro & Stock Market & Crypto & PreStocks (2025-12-24 Wednesday, UTC+8 Hong Kong 09:30)
I. Market Macro Environment & Risk Sentiment Overview
1.1 Interest Rate Curve and Yield & Liquidity Expectations & Central Bank Expectations
• US Treasury 10Y (Current Value): Approximately 4.16%–4.17% (Recently oscillating in the 4.10–4.20% range). FRED +1
• US Treasury 2Y (Current Value): Approximately 3.49%–3.50% (Short end remains around ~3.5%). http://Investing.com
• Liquidity / Central Bank Operations: The Federal Reserve has initiated Reserve Management Purchases (RMP), with the New York Fed announcing a monthly schedule starting from 12/12 and arranging about $40bn in short-term bond purchases in the first month to supplement reserves and alleviate short-term funding pressure— the market views RMP as a core signal of short-term liquidity (not traditional long-term QE, but will alter the distribution of short-term reserves). New York Federal Reserve Bank +1