US 10 years bond yield spiked on early of the year due to worry of a steep hike in interest rate ahead. It triggered 10% plunge from DOW Jones on February. Upon FOMC under its new chairman last week, 10 years bond yield slowly declined due to less hawkish tone from Powell. While media is focusing on potential trade war between US and China, capital restructuring might be actually taking place out of attention. Growing buying interest into US 10 years bond yield indicates confidence into US economy, so current plunge in market could be last entry for next bull run.
Market Calendar on coming week:
(SG: Singapore; CH: China; US: USA).
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