📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
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Goldman Sachs Chief Strategist: The 5-year U.S. Treasury is the best trade, expecting the Fed to cut interest rates in September.
[Chain News] PANews August 19 report, Goldman Sachs Global Banking and Markets Chief Strategist Josh Shifrin stated that with the Fed almost certain to cut interest rates in September, the five-year U.S. Treasury is his "favorite trade." He pointed out that the five-year government bonds, with current yields in the range of 3% to 4%, not only have high valuation attractiveness but also possess the characteristic of providing protection when risk markets weaken. As of August 19, the yield on five-year U.S. Treasuries is 3.85%, a significant decline from the beginning of the year, reflecting market expectations for easing policies. Shifrin expects the Fed to cut interest rates by 25 basis points at next month's meeting and may initiate an easing cycle that continues until 2026.