[ING: U.S. 10-Year Treasury Yield Unlikely to Break Below 4.5% in the Short Term] According to a report by Jinse Finance on August 27, Padhraic Garvey and Michiel Tukker from ING stated that it may face significant challenges for the U.S. 10-year Treasury yield to drop below 4.5% in the short term. Garvey, Head of Americas Research, and Tukker, Senior Rates Strategist, noted that the U.S. Treasury has achieved a victory in its initial effort to suppress long-term Treasury yields, 'but there will be more battles ahead.' They remarked: 'Overall, if the goal of the buyback program is to structurally force long-term Treasury yields lower, then there is still a tough fight ahead.' As a result, they predict that the 10-year Treasury yield is unlikely to fall below 4.5%, and 'the pressure to rise to the 4.75%-5% range remains.' They anticipate that the current 10-year Treasury yield will remain within the 4.5%-5% range. (Jin10)