Odaily News Analysts at the financial website Forexlive said that against the backdrop of this report, there have been some huge market fluctuations, especially the dollar against the yen, which plummeted to 147.39. The yield on the US 2-year Treasury bond fell to 3.91%. We believe that the Fed may cut interest rates by as much as 42 basis points in September, which means there is a 70% chance of a 50 basis point cut. The pricing for a rate cut by the end of this year is 109 basis points. (Jinshi)