Asian markets are expected to fall on Monday as concerns over an economic slowdown and tensions in the Middle East rise, Bloomberg reported. U.S. futures fell in early trading as the conflict in Iran worsened. U.S. Treasury yields rose on Friday, with the two-year yield falling to its lowest since May 2023, on concerns that the Federal Reserve's high interest rates could lead to a deeper economic slowdown. Brian Rose, senior economist at UBS Group AG, said the Fed is expected to cut interest rates by 50 basis points in September and 25 basis points each in November and December. Asian traders will focus on China's Caixin services and composite activity data to assess the health of the Chinese economy.