On the eve of the Fed's decision, long-term U.S. Treasury yields fell slightly.

On September 17, the day before the Fed's interest rate decision announcement (the market generally expects it will announce a 25 basis point cut), the yield on long-term U.S. Treasury bonds dipped slightly, with the 10-year Treasury yield approaching the 4% threshold. Short-term Treasury yields showed little change, as the market had already priced in the rate cut expectations. However, if the decision includes any statements regarding future interest rate trends, yields may experience fluctuations. Frank Walbaum from Naga stated in a report: "Bond investors remain cautious, expecting yields to react." The market analyst pointed out that if economic expectations are weak, it may signal further rate cuts ahead, potentially leading to a decline in Treasury yields and the dollar exchange rate; but if it signals a more cautious approach, it may provide temporary relief to the market. ( Jin10 )