The yield on the 10-year U.S. Treasury bond rose to 4.209%, analysts say the increase is limited

According to Jin Shi reports, the 10-year U.S. Treasury yield rose to 4.209%, the highest level since early September, as the market awaits the Federal Reserve's interest rate decision and economic forecasts. Although the market generally expects the Federal Reserve to cut rates by 25 basis points, investors are concerned that the Fed may hint at limited room for further rate cuts in the future. Analysts at TD Securities expect the Fed to signal that any subsequent rate cuts will depend on economic data performance. Analysts noted that if yields rise further after the decision is announced, the extent may be limited and a slight pullback could occur soon.