Probability of a Federal Reserve rate hike surges! Trump softens stance: Worshe can set interest rates 'as he sees fit'

① This week, U.S. President Trump, who has consistently pressured the Federal Reserve to cut interest rates, softened his stance; ② On Tuesday, he stated that he would allow incoming Fed Chair Kevin Warsh to act according to his own judgment; ③ Derivatives market traders now estimate a 60% probability that the Federal Reserve will raise interest rates before December.

cls.cn49minutes ago

Selloff Slams Market for One Hour! U.S. Treasuries See 'Capitulation' Trade: 30-Year Yield Hits 19-Year High

① Concerns that investors are increasingly worried the central bank will be forced to raise interest rates pushed the yield on 30-year U.S. Treasury bonds to its highest level in 19 years on Tuesday; ② A sudden wave of large-scale sell-offs in the U.S. Treasury futures market during early New York trading hours on Tuesday intensified panic in the world’s largest government bond market, valued at $31 trillion.

cls.cn58minutes ago

U.S. Treasuries face a 'capitulation-style sell-off,' with the shadow of high interest rates looming over equity markets.

U.S. Treasuries faced a 'capitulation-style' sell-off, with the 30-year bond yield surging to 5.18%—its highest level since 2007. This sharp volatility has begun spilling over into U.S. equities, with small-cap stocks hit hardest, plunging 1.6%. However, intraday bargain hunters emerged, and buyers of call options aggressively stepped in, briefly flattening the Nasdaq's losses. NVIDIA’s upcoming earnings report will serve as the ultimate stress test for the entire AI rally.

wallstreetcn08:43

Futu Morning Brief | Trump says war will end soon; futures rise, oil prices fall; inflation fears mounting? 30-year U.S. Treasury yield surges to 2007 levels; Google I/O unveils AI products in rapid succession; NVIDIA earnings report drops tonight

Bloomberg noted that, given chipmakers' exceptionally strong earnings outlook, any pullback is likely to be limited. However, U.S. Treasury yields remain elevated, weighing on equity valuations and diminishing their relative appeal.

Futu News07:55

Nominee Fed Chair Volcker Unveils Details of First Round of Asset Divestitures

Kevin Warsh disclosed his initial asset divestment plan prior to taking the oath of office, but the disclosure documents did not specify to whom these assets were sold. Warsh’s filing listed the sale of an investment in 'Juggernaut Fund L.P.,' which previously generated annual income exceeding USD 10 million for Warsh.

wallstreetcn07:41

Top 20 by Trading Volume | Citi turns bullish on memory storage; Western Digital and Micron rise about 3% against the market trend; Intel gains over 2%, targeting 14A chip production in 2029; NVIDIA delivers first Vera CPUs to customers

Micron, the most actively traded stock on U.S. markets on Tuesday, rose 2.52%. Citi significantly raised Micron's price target to $840, citing expectations that HBM prices will climb again next year and forecasting the company’s earnings per share (EPS) to exceed $100. Citi believes AI demand is driving the memory industry into a super upcycle, with DRAM and HBM prices set for sustained sharp increases. As HBM production consumes capacity otherwise allocated to standard DRAM, DRAM is poised to enter a super pricing cycle.

Global Markets Update07:02