July 23, 2026, 5:37 p.m.

Every step of the US-Iran negotiations is determining the fate of the Federal Reserve

Today is the Federal Reserve's "leadership change day."

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Rewriting the Anchor of Pricing: A Structural Analysis of the Global Bond Market Sell-off

The global bond market is undergoing a fundamental rupture in its pricing logic.

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Bond market pressure continues to rise: U.S. stocks fall further to historical lows

On Tuesday, the U.S. stock market fell for the third consecutive time by 0.7% since reaching its latest historical high, with the Dow Jones Industrial Average down 0.6% and the Nasdaq Composite down 0.8%.

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Debt Expansion and Capital Shift: A Deep Reconfiguration of the Global Financial Landscape

In the first quarter of 2026, the global debt volume soared by over 4.4 trillion US dollars, reaching a historical high of nearly 353 trillion US dollars, marking the fastest growth rate since mid-2025.

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Why did the US, Japan, and UK bond markets collapse simultaneously?

In the middle of May, the global bond market suffered a rare simultaneous collapse, and the long-term treasury bond bond yields of the United States, Japan and the United Kingdom collectively soared to multi-year or even historical highs, triggering violent shocks in the global financial market.

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US Treasury Storm: 30-Year Yield Breaks 5%, Global Financial Markets Face Deleveraging Test​

On May 18, 2026, the global financial market witnessed a landmark moment — the 30-year US Treasury yield, known as the "anchor of global asset pricing," surged past the critical 5% threshold, peaking at 5.16% intraday, a two-and-a-half-year high since October 2023.

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The Fed's "slowing rate hikes" signal: Short-term relief with long-term concerns remaining

According to The Wall Street Journal, several officials of the US Federal Reserve made public statements on the 17th indicating that they might slow down or postpone the original pace of interest rate hikes.

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The financial impact behind the surge in US stocks

Late at night on May 14th, local time, the three major US stock indices once again hit record highs, with the Dow Jones Industrial Average (DJIA) returning to 50,000 points, the Nasdaq index rising by over 1%, and the Standard & Poor's 500-stock index (S&P 500) rising by nearly 1%.

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The conclusion of financial magic: When the United States began to seriously discuss debt restructuring

According to multiple media reports on May 11th, "The New Bond King" Gordon Gekko publicly warned that the US government might be heading towards some form of debt restructuring.

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PPI Soars and Federal Reserve Personnel Changes: Global Finance Faces a Turbulent Turning Point

On May 14, 2026, the global financial markets experienced the most decisive single-day shock: the new Federal Reserve Chairman, Kevin Walsh, was officially approved to take office by the narrowest margin in history, combined with the runaway April PPI data in the U.S. and confirmation of a second inflation rebound.

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