1. The list of penalties for the first batch of bond market violations has been basically determined, mainly involving disrupting market prices, benefit transmission, lending accounts, etc. 2. After the regulatory interview, the upward trend of long-term bonds was temporarily blocked, and the supply of interest rate bonds was reduced and superimposed. Loose expectations catalyzed long momentum. 3. The scale of RRP use by the Federal Reserve has dropped to less than 100 billion US dollars. 4. Zon...
The Federal Reserve's Harker said the end of the balance sheet reduction depends on the market, and the end of the easing cycle could keep the federal funds rate at about 3 percent.