TechFlow news, on November 6, according to Jinshi Data, DBS Bank senior interest rate strategist Eugene Liao said in a report that regardless of the outcome of the U.S. election, the Federal Reserve will cut interest rates this week. Notably, with overall inflation year-on-year dropping to 2.4%, he pointed out that the real federal funds rate has risen to 2.6%, a level considered high by any standard, providing ample room for further Fed rate cuts. Over the past few weeks, term premiums and inflation premiums have built up due to expectations of a Trump victory. However, Liao believes that unless it is a scenario where Trump wins and Republicans achieve a sweeping victory, a rebound in U.S. Treasuries could be triggered.
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