The Federal Reserve is expected to announce interest rate hikes at 2 p.m. New York time, and Chairman Walsh will hold a press conference at 2:30 p.m. Until then, US bonds have maintained a slight rise, and the 10-year yield is slightly below 5%. US industry reports show an increase in crude oil inventories, with falling oil prices as the main driving factor. The UK inflation data for August lowered market expectations for the Bank of England's interest rate hike, leading the rise in short-term treasury bonds. The performance of British Phnom Penh bonds was superior to the general market. The US yield for each term declined by 1 to 3 basis points, and the yield curve spread was slightly divided; the UK 2-year yield declined by nearly 9 basis points, and the 10-year yield declined by about 6 basis points. Prior to the announcement of the Federal Reserve's decision, the current rate hike in the swap market was about 23 basis points, with a cumulative rate hike of 52 basis points by the end of the year. The spot, futures, and options markets are all showing signs: traders are building large numbers of tactical short positions, betting that interest rates will rise more than once during the remaining three sessions of the year.

The Federal Reserve is expected to announce interest rate hikes at 2 p.m. New York time, and Chairman Walsh will hold a press conference at 2:30 p.m. Until then, US bonds have maintained a slight rise, and the 10-year yield is slightly below 5%. US industry reports show an increase in crude oil inventories, with falling oil prices as the main driving factor. The UK inflation data for August lowered market expectations for the Bank of England's interest rate hike, leading the rise in short-term treasury bonds. The performance of British Phnom Penh bonds was superior to the general market. The US yield for each term declined by 1 to 3 basis points, and the yield curve spread was slightly divided; the UK 2-year yield declined by nearly 9 basis points, and the 10-year yield declined by about 6 basis points. Prior to the announcement of the Federal Reserve's decision, the current rate hike in the swap market was about 23 basis points, with a cumulative rate hike of 52 basis points by the end of the year. The spot, futures, and options markets are all showing signs: traders are building large numbers of tactical short positions, betting that interest rates will rise more than once during the remaining three sessions of the year.