In recent times, the financial world has been closely watching the Federal Reserve's interest rate policy moves, particularly regarding potential actions in September. Based on a survey by The Wall Street Journal of economists, crucial economic data to be released before the rate decision, including consumer confidence indices and labor cost indices, may indicate weakening trends. Moreover, ADP employment data is expected to show an increase, leading to discussions about the labor market. Of particular interest, the forecasted non-farm payroll numbers for July suggest a potential decrease, whereas the unemployment rate stays steady at 4.1%. An important observation is that the 10-year US Treasury yield has fallen to close to its lowest level in months, at approximately 4.156%, while the 2-year US Treasury yield has retreated to levels from early February, at around 4.374%. These changes demonstrate the market's sensitivity to future monetary policy directions, especially considering the backdrop of the Federal Reserve's upcoming rate decision, where a decline in yields signals market expectations of a rate cut. Although it is anticipated that the Fed will not alter rates at this meeting, the market generally anticipates that the Fed might hint at a rate cut in September to address current economic situations and market expectations.