Zhang Guanbang, co-head of Pinhao's Asia Pacific portfolio, believes that the yield curve on US long-term treasury bonds tends to be steep, and investors should invest more in diversified investments. Optimistic about emerging market currencies and bonds. Whether in nominal interest rates or actual interest rates, emerging markets are expected to provide more attractive opportunities for high interest rates. He said that in the short term, bond opportunities in other markets may be more prominent. However, in the long run, many investors seek asset allocations other than the US dollar, and the RMB internationalization process will provide global investors with more diverse choices and a more favorable operating environment.

Zhang Guanbang, co-head of Pinhao's Asia Pacific portfolio, believes that the yield curve on US long-term treasury bonds tends to be steep, and investors should invest more in diversified investments. Optimistic about emerging market currencies and bonds. Whether in nominal interest rates or actual interest rates, emerging markets are expected to provide more attractive opportunities for high interest rates. He said that in the short term, bond opportunities in other markets may be more prominent. However, in the long run, many investors seek asset allocations other than the US dollar, and the RMB internationalization process will provide global investors with more diverse choices and a more favorable operating environment.