Institution: The 10-year US Treasury bond yield may rise to 4.50% in the short term.

Tom Roderick of Trium Capital stated that due to market expectations of a cautious rate cut by the Federal Reserve and the end of quantitative tightening in December, the yield on US 10-year Treasury bonds may increase slightly to 4.50% in the short term. The global macro fund manager said that, however, the prospect of rate cuts largely offsets concerns about rising fiscal risks, so the yield should remain in a relatively narrow range. He said, "Fiscal and monetary factors will continue to maintain a good balance." Trium Capital expects no significant changes in US Treasury bond yields. Roderick predicted a longer-term range of 3.60% to 5.00%. According to data from Tradeweb, the yield on US 10-year Treasury bonds fell by 2.3 basis points to 4.087%.