The Zhitong Finance App learned that as the US inflation data exceeded market expectations, investors' concerns that interest rates would remain high for a long time are once again heating up. The Bank of America trading department said that hedge funds that were previously forced to close positions due to a rebound in US stocks are re-establishing short positions on interest rate sensitive stocks.

The Zhitong Finance App learned that as the US inflation data exceeded market expectations, investors' concerns that interest rates would remain high for a long time are once again heating up. The Bank of America trading department said that hedge funds that were previously forced to close positions due to a rebound in US stocks are re-establishing short positions on interest rate sensitive stocks.