**Key Window: Powell Sets the Tone for U.S. Debt Direction**
With the Jackson Hole speech approaching, market patience is at its limit. If Powell lays out a clear policy framework and data-dependent guidance, or boosts risk appetite; otherwise, vague statements may further intensify long-term bond selloffs. Actual yields falling temporarily may stave off panic, but the quality of communication will become the near-term indicator.
#美联储 #杰克逊霍尔 #美债市场 #沃什 #Macro Economy
With the Jackson Hole speech approaching, market patience is at its limit. If Powell lays out a clear policy framework and data-dependent guidance, or boosts risk appetite; otherwise, vague statements may further intensify long-term bond selloffs. Actual yields falling temporarily may stave off panic, but the quality of communication will become the near-term indicator.
#美联储 #杰克逊霍尔 #美债市场 #沃什 #Macro Economy
