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Don't panic, it's stabilized.
Yesterday I just predicted that liquidity would reverse, and tonight the market stabilized.
In the evening of October, the ADP non-farm payroll added 42,000 jobs, exceeding the expected 30,000, and the market's biggest concern of "stagflation" did not occur.
The U.S. Treasury Department announced a refinancing plan of 125 billion for the fourth quarter, among which it is noteworthy that on the 12th, 46 billion in 10-year Treasury bonds will be issued, and on the 13th, 25 billion in 30-year Treasury bonds will be issued.