According to Odaily Planet Daily, MFI's Johann Peter Rossgoderer stated that given market expectations of further Federal Reserve rate cuts, the US 10-year Treasury bond is reasonably valued around its current yield level. Rossgoderer added that unless the Fed's independence is weakened, the rest of the US Treasury yield curve has limited room for movement. "As long as the market maintains confidence in the Fed's independent monetary policy, stable yields will be the most likely scenario." (Jinshi)