On September 29th, the Asian bond market is expected to follow the decline of US bonds. The standoff between the US and Iran has kept oil prices high, intensified inflation concerns, and increased market bets on the Federal Reserve raising interest rates. New Zealand treasury bond bonds opened lower, Australian treasury bond bond futures showed a decline, and the yield of US treasury bond bonds in all terms soared. The benchmark 10-year US Treasury yield rose 11 basis points to 5.27%, reaching a new high in 19 years; The 30-year yield has risen to 5.55%. Traders expect the Federal Reserve to continue tightening policies to curb inflation. Morgan Stanley analyst Chris Larkin stated that due to rising yields and oil prices, the overall market is struggling to gain significant momentum, with market attention focused on interest rates and energy prices.