US bonds outperform US stocks, strategist: there is still room for upside

On March 4th, Jinshi data reported that since the election of President Trump, the performance of US treasuries has outperformed the stock market. Some strategists believe that there is still room for the US bonds to pump. Since the US election on November 5th, Bloomberg’s measure of US sovereign debt has pumped 2.1%, exceeding the S&P 500 index’s 1.6% rise. Billy Leung, an investment strategist at Global ETFs in Sydney, said that the rise in US bonds may be related to hedge strategies rather than strong belief bets. Others believe that amid escalating trade friction and uncertain economic rise, US bonds will continue to pump. Prasant Nunnaha, a senior Intrerest Rate strategist at DBS Bank in Singapore, said, “What is worrying is that just as the US economy is showing signs of rise, tariffs are taking effect. This has fueled a Rebound in US Intrerest Rate.”