10x Research: The 10-year U.S. Treasury yield has fallen below 4.00%, boosting market bets on Fed easing policies.

[10x Research: The 10-year U.S. Treasury yield falls below 4.00%, boosting market bets on Fed's easing policy] 10x Research stated on social media that the 10-year U.S. Treasury yield (10-year yield above the 7-day MA → bullish, but below the 30-day MA → bearish, weekly change -1.2%) has slightly decreased after the cooling of September inflation data, with September's month-on-month inflation rate dropping to 0.3% and year-on-year rate falling to 3%, both lower than expected, enhancing market expectations for the Fed's easing policy. Due to investors' optimism about moderate price growth, the 10-year yield fell below 4.00%, narrowing the spread with the 2-year Treasury, indicating that recession fears have eased. Scope Ratings has downgraded the U.S. credit rating to AA-, bringing short-term upward pressure on yields. The government shutdown has delayed the release of economic data, exacerbating uncertainty and limiting the decline in yields. Corporate bond auctions attracted strong demand.