Analyst: Fed is right to stay on hold
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币界网报道：According to the news from the Coin World Network, on July 3 (UTC+8), the strong non-farm payrolls report broke the message conveyed by the recent weak economic data. Jack McIntyre, portfolio manager at Brandywine Global Investment Management, said: "In the contest between hard data and soft data, hard data is the winner. This means that the Fed is right to stay put." McIntyre said that changes in the market are flattening the yield curve, and the unwinding of popular steepening curve transactions may continue.
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