According to BlockBeats, economist Jonas Goltermann from Capital Economics has indicated in a report that the U.S. dollar and Treasury bonds are likely to rebound in the coming months. This follows a significant decline attributed to U.S. President Donald Trump's reciprocal tariffs.
Goltermann noted that these tariffs have led to a loss of confidence in the U.S. as a safe haven for its currency and bonds. Despite this, he believes the U.S. economy may avoid a full recession, with the Federal Reserve expected to maintain interest rates this year, potentially restoring favorable interest rate differentials for the dollar. He anticipates that the turmoil in the bond market will subside.