Recent reactions in the financial markets are quite interesting. Gold has surged to $4628 per ounce, hitting a new high with a fierce upward momentum, while the US dollar index has fallen by 0.3%. This combination of signals clearly indicates that the market is re-pricing. The changes in the bond market are even more noteworthy—short-term 1-year yields are rising, and long-term 10-year and 30-year yields are also increasing, especially the 30-year long bond yield, which has seen a particularly significant jump. Short-term US Treasuries are facing obvious selling pressure. The correlated movements in these asset prices reflect the market’s re-evaluation of the current economic situation and adjustments in expectations.