A bond vigilante is a bond market investor who protests against monetary or fiscal policies considered inflationary by selling bonds, thus increasing yields.
In the bond market, prices move inversely to yields. When investors perceive that inflation risk or credit risk is rising they demand higher yields to compensate for the added risk. As a result, bond prices fall and yields rise, which increases the net cost of borrowing. The term refers to the (alleged) ability of the bond market to serve as a restraint on the government's ability to over-spend and over-borrow.
只要Trump怕点什么就好。股市大跌他不在乎，因为很多投资大佬在CNBC说他在T1.0时很在意股市表现，这次他就刻意表现出不在意。
但前几天债券行情让很多债券专家们很恐惧，因为债券市场波动就是向T表明，如果你继续你的Tariffs政策，美国和全球将进入recession。还好Bessent是懂市场的，他周末去海湖庄园劝T改变Tariff政策，还好他听进去了。
这段艰难时间过去后，下半年可能会有减税+Deregulation政策出台。
年底大盘和个股不会太差的！
