[US 30-Year Treasury Yield Rises to Highest Level Since September] Golden Finance reports that the prices of U.S. long-term government bonds have fallen, and the 30-year Treasury yield has risen to its highest level since early September. The impact of the Federal Reserve's interest rate cut and policy stance is gradually permeating the market this week. The 30-year Treasury yield once rose by 6 basis points to 4.86%, setting a new high since September 5. This week, it has cumulatively increased by about 5 basis points, while the 2-year Treasury yield remained basically flat on Friday and has slightly decreased over the week. Expectations that the Federal Reserve may further cut interest rates next year have supported a decline in short-term Treasury yields, while long-term Treasury yields reflect that inflation remains high. Chicago Fed President Goolsbee and Kansas Fed President Schmidt stated on Friday that concerns about inflation are their main reasons for opposing interest rate cuts and supporting the status quo. Strategist Edward Harrison said, “Goolsbee’s opposition to rate cuts stems from concerns about inflation. Given that traders still expect two 25 basis point rate cuts before the end of 2026, his remarks suggest that U.S. Treasuries face downside risks.”