U.S. long-term Treasury yields fell slightly on the eve of the Federal Reserve's resolution

On the eve of the announcement of the Federal Reserve's interest rate decision (the market generally expects to cut interest rates by 25 basis points), long-term U.S. Treasury yields fell slightly, and the 10-year Treasury yield approached the 4% mark. Short-term U.S. Treasury yields have barely changed as the market has digested the impact of interest rate cuts. However, if the resolution contains any comments on future interest rate trends, yields may fluctuate. "Bond investors remain cautious and we expect yields to react," Naga's Frank Walbaum said in a note. The market analyst pointed out that weaker economic expectations or further rate cuts may lead to further declines in Treasury yields and the dollar; however, more cautious signals may temporarily alleviate market pressure. (Golden and Stone)