The Zhitong Finance App learned that the US investment bank BTIG said on Wednesday that after the inflation data was higher than expected, the bond market showed a typical “news failure” (news failure), confirming that US Treasury yields (SHY, TLT, IEF) have reached the tactical top. This change lays a very reverse trap for the stock market — “Interest rates fall, Nasdaq falls instead”.

The Zhitong Finance App learned that the US investment bank BTIG said on Wednesday that after the inflation data was higher than expected, the bond market showed a typical “news failure” (news failure), confirming that US Treasury yields (SHY, TLT, IEF) have reached the tactical top. This change lays a very reverse trap for the stock market — “Interest rates fall, Nasdaq falls instead”.