The expectation of the Federal Reserve's "emergency rate cut" rises

ChainCatcher news, according to Jinshi reports, expectations for an emergency rate cut by the Federal Reserve are rising as there are no signs that Trump will make concessions on tariffs. Swap trading shows that the likelihood of the Federal Reserve cutting rates by 25 basis points next week is about 40%, well ahead of the Fed's scheduled interest rate decision on May 7.

Meanwhile, investors are rushing to sell off risk and buy bonds, leading to a sharp drop in yields. On Monday, the yield on the most interest-sensitive U.S. two-year Treasury note fell by 22 basis points to 3.43%, totaling a decline of about 50 basis points since Trump announced the tariffs.