PANews reported on April 7 that according to Jinshi, expectations for an emergency rate cut by the Federal Reserve are rising as there is no sign that Trump will give in on tariffs. Swaps show that the probability of the Federal Reserve cutting interest rates by 25 basis points next week is about 40%, well before the Fed's interest rate decision scheduled for May 7. At the same time, investors have sold off risks and rushed to buy bonds, causing yields to plummet. On Monday, the yield on the U.S. two-year Treasury bond, which is most sensitive to monetary policy, fell 22 basis points to 3.43%. Since Trump announced the tariffs, the yield on the U.S. two-year Treasury bond has fallen by about 50 basis points in total.