On August 5th, Gelunhui reported that due to concerns about the US economic recession and the anticipation of a 0.5% interest rate cut, the US bond yield fell, driving the Southern US Treasury ETF (3433.HK) to rise to a high of 77.82 Hong Kong dollars, up 2.75% this morning, reaching a new high since March 12. The ETF has risen continuously for the fourth day, accumulating a 6% gain. The unexpected rise in the unemployment rate in July announced by the United States last Friday was 4.3%, and the market expects a high chance of a 0.5% interest rate cut in September. The probability of a 0.5% rate cut in interest rate futures is expected to rise to 74.5%, and the chance of a further 0.5% cut in November is also increased to 54.2%. In addition, worried about the situation in the Middle East, the US bond yield plummeted, and the yield on 10-year US Treasury bonds fell below the 4% mark last week.
港股异动丨南方美国国债四连升共涨近6% 憧憬减息领美债息率下滑
Hong Kong stocks fluctuate | Southern USA Treasury bonds have risen for four consecutive days, with a total increase of nearly 6%, anticipating a reduction in interest rates leading to a decline in US bond yields.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.