The Fed's rate cut fails to stop the sell-off in the bond market, and the sharp rise in key yields highlights policy differences.

Zhtng cijng APP zhy do, Milinfd zhx Bowi l bch le zhiqun jioyyun de yzh - zhxi jioyyun yj Milinfd jing tnggu yxli jjn de jing l li fngzh Migu jngj tngzh. The Sina Finance APP noted that Federal Reserve Chairman Powell rebutted the bets of bond traders - these traders expected the Fed to prevent the US economy from stagnating through a series of aggressive rate cuts.