J.P. Morgan: U.S. Treasuries May Have Hit Bottom

Golden Finance reports that J.P. Morgan Asset Management indicates that, due to signs of strong foreign demand and market expectations that the Federal Reserve will support U.S. government debt if necessary, U.S. Treasuries may have already hit bottom. The company's global fixed income head, Bob Michele, stated, "I feel good, we are putting money in here at low prices and high yields." "In our conversations with overseas investors, they have not been scared away from U.S. Treasuries." Previously, the U.S. faced its largest decline since 2001, due to Trump's tariffs and unpredictable policymaking weakening the demand for long-term safe-haven assets. Michele cited data from the Federal Reserve showing that foreign central banks and reserve management agencies have recently increased their holdings of U.S. Treasuries. He also noted that Federal Reserve official Collins recently commented that if things get chaotic, the Federal Reserve is "absolutely prepared" to help stabilize financial markets. #美国半导体关税