$Invesco QQQ Trust(QQQ.US)From the perspective of US bond yields, the underlying logic of this market move may be to sell US bonds😂In the past two weeks, US stocks have risen too sharply, draining liquidity from US bonds, which is not in line with Trump's interest in selling US bonds and would also make it impossible to meet further interest rate cut conditions due to excessively high US bond yields.

Now that US bond yields have started to fall sharply, it proves that a large amount of capital has begun to flow in, and the goal has basically been achieved.

It is expected that there may be some volatility to give US bonds time to attract capital. In the short term, it will probably be within a month (the next FOMC meeting). In the long term, it is bullish until Trump's midterm elections next year.