[SEB Predicts Fed Rate Cuts Could Push 10-Year U.S. Treasury Yield Below 4%] SEB's Chief Strategist Jussi Hiljanen predicted in the latest report that the yield on the 10-year U.S. Treasury could drop to 3.8%-3.9% within the next three to six months. He pointed out that if the Federal Reserve ends its quantitative tightening policy in early December, it will further ease the hedging cost pressure on international real funds. At the same time, the narrowing of the policy rate spread will also provide support for the U.S. Treasury market. These factors could collectively drive Treasury yields further downward.