Golden Finance reported that expectations for the Federal Reserve's emergency rate cut are rising due to no sign that Trump will make concessions on tariffs. Swap trading shows that the probability of the Fed cutting interest rates by 25 basis points next week is about 40%, far ahead of the Fed's interest rate decision scheduled for May 7. At the same time, investors sold risks and rushed to buy bonds, causing yields to plummet. The yield on the U.S. two-year Treasury, the most sensitive to monetary policy, fell 22 basis points to 3.43% on Monday, and the yield on the U.S. two-year Treasury has fallen by about 50 basis points in total since Trump announced the tax. (Jin Shi)