Meme narrative is prevalent, what is the future expectation of $kheowzoo, which adheres to long-termism?
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Bank of America expects that the Reserve Management Purchase (RMP) program will remain at zero in September, but could resume purchases of $1 billion per month for the rest of the year. TD Securities believes that pausing the RMP is not a sign of quantitative tightening (QT); the Federal Reserve could resume monthly RMP buybacks of $500 million to $1 billion as early as November, mainly to provide some liquidity buffer before the end of the year.
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European long-term bond yields soar, 30-year German bonds and 10-year French bonds hit multi-year highs
During Friday trading, the 30-year German bond yield reached its highest level since 2011, while the 10-year French bond yield hit its highest since 2009. In the recent European bond market, short-term interest rates have been more influenced by expectations of European Central Bank policies, whereas long-term yields are increasingly driven by a combination of inflation, fiscal deficits, government bond supply, and term premium factors.