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Trump's tariffs remain undecided, and US bond yields have stabilized after continuous rises.
On July 9, US Treasury yields remained flat after rising for five consecutive trading days, as the market is watching how likely Trump’s proposed tariff threats are to be implemented and what impact these policies will have on inflation and economic growth. The Federal Reserve (FED) will release the meeting minutes at 2 PM Eastern Time (2 AM Beijing Time on Thursday). Meanwhile, the White House is pressuring the FED to cut interest rates, and Trump is also looking for a successor to Powell as the chair of the FED. In addition, a 10-year Treasury auction will take place at 1 PM Eastern Time, following weak demand for the previous day's 3-year Treasury auction. ( Jin10 )