The external circulation of US debt has temporarily failed a bit. If there is a rate cut in September, it may start an internal circulation, which requires cooperation between the Fed and the US Treasury. Therefore, our anticipated rate cut and big pump might not necessarily happen~ We still need to keep a cautious mindset in mind......
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The external circulation of US debt has temporarily failed a bit. If there is a rate cut in September, it may start an internal circulation, which requires cooperation between the Fed and the US Treasury. Therefore, our anticipated rate cut and big pump might not necessarily happen~ We still need to keep a cautious mindset in mind......