The Mad Bull has temporarily stopped its tracks? Wall Street is starting to reflect on whether the interest rate cut bet is excessive. Prior to the release of key non farm payroll data on Friday, the benchmark 10-year US Treasury yield rebounded from a three-month low on Monday. From the expectations of the interest rate swap market, more and more traders are starting to bet that the Federal Reserve will start a new round of interest rate cuts as early as March next year. However, doubts from Wall Street about this radical dovish bet are also beginning to emerge, which may become a key test of whether the US stock and bond markets can continue the hot November market.