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Golden Ten Data reported on March 30 that TD Securities strategists stated that, as the Federal Reserve remains in a wait-and-see mode, U.S. Treasury yields may stay elevated in the short term. However, growth risks may eventually limit their upside potential. They pointed out that the market has begun to price in rate hike expectations amid rising inflation expectations but has overlooked potential downside risks to economic growth. The strategists believe, "Concerns about slowing growth may cap further increases in yields." According to Tradeweb data, U.S. Treasury yields fell during the Asian trading session, with the 10-year U.S. Treasury yield dropping 4.8 basis points to 4.391%.

The market turmoil triggered by the Iran war has led investors and market makers to become more risk-averse, resulting in increased trading difficulty and rising costs across major global markets, from US Treasuries and gold to currencies. This situation is being closely monitored by regulatory authorities. Multiple volatility indicators have already soared to levels seen during past crises, with cracks appearing even in the highly liquid government bond markets.Investors report that market makers fear rapid losses on their positions, making it difficult at times to obtain price quotes or complete trades, and bid-ask spreads have widened. According to data from Morgan Stanley, the bid-ask spread for newly issued two-year US Treasuries in March widened by about 27% compared to February. Meanwhile, hedge funds' rapid unwinding of positions in the European bond market has intensified volatility. Hedge funds now account for more than 50% of government bond trading volume in the UK and the eurozone, and their concentrated bets and simultaneous exits have amplified market swings.While overall trading remains orderly, the scarcity of buyers is making dealers increasingly cautious. Anomalies have emerged: large orders are priced more widely than in normal markets, while small orders are priced more tightly, as market makers compete harder for dwindling client flows. However, in some markets, such as gold, market makers sometimes disappear altogether, preferring to forgo profits rather than take on position risk.

BlockBeats News, March 30th, according to GMGN monitoring, on the Solana blockchain, the Meme coin VDOR has been continuously surging since March 21st, with a stair-step unilateral uptrend in price. Today, its market value surpassed $15 million, with a 10% increase in 24 hours and a trading volume of approximately $1.9 million. Currently, over half of the funds in the top 100 addresses are from the same team (addresses starting with G2YxR). This team recently operated the Meme coin UGOR in a similar manner. The market value of UGOR surged unilaterally to $23 million on March 19th, then plummeted, falling below $5 million; on March 21st, another sharp decline occurred. On the same day, VDOR was launched and quickly surged above $5 million. The timing coincides highly, suggesting a pump and dump scheme. BlockBeats Note: Meme coin trading is highly volatile, largely relying on market sentiment and concept hype, with no real value or use case. Investors should be aware of the risks.