Analysis: The Wash News press conference is hawkish, expected to ease the rise in long-term bond yields

Justin Greenhill, Chief Investment Officer of SOLLINDA Capital Management, stated that the signals released by the Wash press conference are clearly hawkish, which may help alleviate the recent upward momentum of long-term bond yields at least in the short term.

It is currently unclear how this will affect the stock market, but it is expected that as financial conditions tighten further, the performance of small-cap stocks will lag behind that of large-cap stocks.