PANews reported on April 16 that according to QCP Asia's analysis, the U.S. bond market reacted violently to the U.S. tariff deterrence and subsequent easing gestures, with 10-year and 30-year U.S. bond yields rising to 4.6% and 5% respectively, triggering risk aversion in the market. The Federal Reserve released intervention signals, and the market expects 3.5 interest rate cuts in 2025. Gold continued to rise due to intensified geopolitical risks, while Bitcoin, as an alternative safe-haven asset, was not favored by funds, and the market still focused on defensive allocations.