Look at my position distribution, welcome to follow! #US Treasuries The Impact of Federal Reserve Rate Hikes on US Treasuries

When the Federal Reserve raises interest rates to curb inflation, Treasury prices often fall (as yields need to rise to attract buyers). During the aggressive rate hike cycle from 2022 to 2023, the yield on 10-year US Treasuries soared from 1.5% to over 4%, leading to paper losses for holders. However, high interest rates also boosted the coupon yields of newly issued Treasuries, attracting capital back. The current market is focused on the terminal rate and subsequent policy shift signals, which will determine the bullish or bearish direction of the Treasury market.