Analysts: US Treasuries remain favored despite expectations of Fed rate cuts

Analysts at UniCredit Investment Institute noted in a report that despite the uncertainty surrounding the US political environment, US Treasury yields have remained relatively stable, reflecting investors' continued preference for US Treasuries. The market widely expects the Federal Reserve to further cut interest rates, which is expected to boost US Treasuries. Furthermore, the resilience shown by the US economy has enhanced its asset attractiveness. While foreign investors may reduce their investment in US assets in the medium to long term, the likelihood of a large-scale sell-off in the short term is low. (Jinshi)