On July 22, Glon Hui | Shengbao Bank analysts stated that with several months remaining before the US election, US bond investors are now refocusing on economic data, starting with the US PCE data released on Friday. They stated: "If the data shows that the Fed is approaching its 2% inflation target, the bond market may react positively, and the yield on 10-year US Treasury bonds may fall below 4.18%." Analysts say that after Biden withdrew from the election, if a strong Democratic candidate appears, the yield on US Treasuries may remain low. If the Republican candidate Trump performs better, the yield on US Treasuries may rise due to expectations of inflation.
分析师：PCE数据和美民主党候选人将影响美债走向
Analyst: PCE data and Democratic party candidates will affect the direction of US bonds.
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