China's bond yields collapsing due to economic troubles, mirroring Japan's past, with global economy ties
From Investing.com: 2024-12-20 05:06:00
Treasury yields rose post-Fed meeting, but collapsing in China. Our article on Global Conditions and U.S. Economy shows strong global economy ties. China’s economic trouble is evident in declining government bond yields, partly due to fears of Trump tariffs. China’s economy mirrors Japan’s past overbuilding and poor demographics. Market correction caused by Fed outlook and govt shutdown catalyst. Market dynamics suggest oversold conditions but year-end rally likely to fall short. Fiscal policy change on spending freeze could impact various sectors. Powell dismisses idea of U.S. establishing Bitcoin reserve.
Read more at Investing.com: China’s Economic Slowdown: Bond Yields Collapse Amid US Growth Concerns