On August 2nd, due to the increase in market bets on the Federal Reserve to cut interest rates due to worries about the US economic recession scenario, the yield of US 2-year Treasury bonds continued to decline overnight, falling to 4.11% in the Asian market early, the lowest level since May 2023. As of press time, interest rate futures show that the market pricing the Federal Reserve will cut interest rates by 87BP this year, and there is still a gap of 13BP from the bet of four interest rate c...