{"id":6350,"date":"2026-08-25T12:05:20","date_gmt":"2026-08-25T04:05:20","guid":{"rendered":"https:\/\/www.bis.hk\/?p=6350"},"modified":"2026-08-25T12:05:20","modified_gmt":"2026-08-25T04:05:20","slug":"bessent-buys-bonds","status":"publish","type":"post","link":"https:\/\/www.bis.hk\/zh-hk\/bessent-buys-bonds\/","title":{"rendered":"Bessent buys bonds"},"content":{"rendered":"\n<p><img decoding=\"async\" style=\"width: 30px;\" src=\"https:\/\/www.bis.hk\/wp-content\/uploads\/2020\/11\/833px-PDF_file_icon.svg_.png\" alt=\"\"> Bessent buys bonds \u2013\u00a0<a href=\"https:\/\/www.bis.hk\/PDF\/2026-08-24_chart.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download Chart of the week<\/a><\/p>\n\n\n\n<p><img decoding=\"async\" style=\"width: 30px;\" src=\"https:\/\/www.bis.hk\/wp-content\/uploads\/2020\/11\/833px-PDF_file_icon.svg_.png\" alt=\"\"> The Market Place \u2013&nbsp;<a href=\"https:\/\/www.bis.hk\/PDF\/2026-08-24_marketplace.pdf\" data-type=\"link\" data-id=\"https:\/\/www.bis.hk\/PDF\/2026-02-09_marketplace.pdf\">Download Market Data<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Higher energy prices and fiscal concerns kept long yields elevated, challenging equity valuations despite resilient activity and temporary support from Treasury buybacks.<\/li>\n\n\n\n<li>Improving services activity contrasted with sticky inflation, softer employment, weak retail spending and constrained public finances, leaving policymakers with difficult trade-offs.<\/li>\n\n\n\n<li>Better manufacturing momentum offered encouragement, but expensive energy, fiscal pressures and rising long-term yields continued to restrain the region&#8217;s investment outlook.<\/li>\n\n\n\n<li>China&#8217;s weak demand, Japan&#8217;s policy normalisation and volatile technology shares reinforced the value of selective regional exposure and broad global diversification.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Higher energy prices and long-term government bond yields challenged risk assets, even as economic activity remained broadly resilient. Diversified investors benefited from balancing equity growth exposure with less correlated regional, defensive and real-asset allocations. <\/p>\n<p class=\"customLink\"><a class=\"\" href=\"https:\/\/www.bis.hk\/zh-hk\/bessent-buys-bonds\/\">\u66f4\u591a<\/a><\/p>\n","protected":false},"author":2,"featured_media":5119,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[47],"tags":[],"class_list":["post-6350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-47"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/6350","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/comments?post=6350"}],"version-history":[{"count":1,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/6350\/revisions"}],"predecessor-version":[{"id":6353,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/6350\/revisions\/6353"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/media\/5119"}],"wp:attachment":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/media?parent=6350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/categories?post=6350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/tags?post=6350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}