According to the Gate.io News bot, JPMorgan Asset Management believes that the U.S. Treasury market may have bottomed out, primarily based on strong foreign demand and market expectations that The Federal Reserve (FED) will provide support when necessary.
The company’s Global Fixed Income Chief Bob Michele said: “I feel good, we have invested here at low prices and high yields.” He mentioned that during conversations with overseas investors, he found that they still have confidence in U.S. Treasuries. Previously, U.S. Treasuries experienced the largest drop since 2001 due to Trump’s tariff policies and unstable policies.
Michelle cited data from The Federal Reserve (FED) indicating that foreign central banks and reserve management institutions have recently increased their holdings of U.S. Treasury bonds. He also mentioned that The Federal Reserve (FED) Collins recently stated that if market turmoil occurs, the FED is “absolutely prepared” to take action to stabilize financial markets.