Trump and the Federal Reserve are caught in a 'cowardly game', one side must make concessions first

According to BlockBeats, on April 22nd, market analysts stated that if the market wants to feel broader market anxiety, it only needs to look at US Treasury bonds. At present, long-term US bond yields are once again starting to rise, which will continue to tighten risk sentiment as trading gradually unfolds this week. As of now, traders and investors are gradually losing confidence in reaching any trade agreement in the short term, and US assets are also being hit hard. It was the bond market that allowed Trump to make a temporary concession on the tariff issue. However, after two weeks of chaos, the current situation is not better than it was then. Essentially, Trump and the Federal Reserve must first make concessions and are playing a 'cowardly game'. If Powell and his colleagues take action to buy US treasury bond bonds urgently, this will bring some short-term relief. However, the signal conveyed by this move is that Trump's tough stance on tariffs has lasted longer. (Golden Ten)