On the eve of the Fed's decision, the yield on the 10-year Treasury note edged slightly lower.

BlockBeats News, September 17th: On the eve of the Federal Reserve interest rate decision (the market widely expected it to announce a 25 basis point rate cut), the yield on U.S. long-term Treasury bonds edged lower, with the 10-year bond yield approaching the 4% mark. Short-term bond yields remained stable, as the market had already priced in the rate cut expectation. However, if the decision mentions future interest rate trends, yields may experience volatility.

Frank Walbaum of Naga stated in a report: "Bond investors remain cautious, expecting yields to react." This market analyst pointed out that if economic expectations weaken or if there is guidance indicating further rate cuts in the future, it could lead to a further decline in bond yields and the U.S. dollar exchange rate; but if a more cautious signal is released, it may temporarily relieve the market pressure. (FXStreet)