The grid chart remains stable, and the U.S. Treasury market awaits Powell's remarks.

Jin10 Data reported on June 19, market analysts stated that due to the dot plot remaining mostly unchanged, the US bond market may perform relatively constrained, at least before Powell's speech. We do not consider the economic forecast report itself to be mild, but rather just relatively mild compared to most expectations. This aligns with our expectations, at least for this meeting.

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