Global Largest Bond Fund Warning: Fed's First Rate Cut in Nearly Four Years May Weaken the US Dollar Further!

The world's largest bond fund Pimco has warned that the Federal Reserve is about to cut interest rates for the first time in four years, which may lead to a further weakening of the US dollar. With market expectations for rate cuts, investors are nervous, causing the 10-year US Treasury yield to drop to its lowest level in over a year, while the price of gold has reached a recent high. Pimco's analysis points out that historically, after the first rate cut by the Federal Reserve, the US dollar usually experiences a short-term decline followed by a rebound. Rate cuts may lead to the US dollar losing its status as a high-yield currency, facing depreciation risks