ME News message, September 15 (UTC+8): U.S. Treasury yields rose across the curve during the Asian trading session. Earlier, the 10-year Treasury yield on Monday broke above 5% for the first time since October 2023. Investors are waiting for the Federal Reserve’s interest rate decision on Wednesday. According to data from the London Stock Exchange Group, the market pricing assigns a 93% probability to a 25-basis-point hike. In a report, ING rate strategists said, “Logically, a rate hike should calm the long end, yet the long end is usually extremely fickle.” According to Tradeweb data, the 2-year Treasury yield rose by 4.4 basis points to 4.676%, and the 10-year Treasury yield rose by 6.2 basis points to 5.021%. (Jin Shi) (Source: ME)