<p>Hideo Shimomura, Senior Portfolio Manager at Fivestar Asset Management Co. in Tokyo, stated that the yield on 10-year US Treasury bonds may remain above 3.7% in the short term. &#34;I don't think the market will digest expectations of a deeper rate cut by the Federal Reserve,&#34; he said. At the same time, &#34;if the Fed cuts rates ahead of schedule, expectations of a soft landing for the US economy will strengthen,&#34; which will limit the decline in US Treasury yields. (Bloomberg)</p>

<p>Hideo Shimomura, Senior Portfolio Manager at Fivestar Asset Management Co., stated that the short-term forecast for the 10-year US Treasury yield is expected to remain above 3.7%. He believes that the market is unlikely to reflect expectations of a rate cut by the Federal Reserve. Additionally, if the Federal Reserve cuts rates ahead of schedule, it will boost confidence in a soft landing for the US economy, thereby curbing the decline in Treasury yields</p>

Institution: Short-term 10-year US Treasury yield expected to stay above 3.7%