Odaily Planet Daily News: Felipe Villarroel, portfolio manager at TwentyFour Asset Management, said that U.S. Treasury yields may rise slightly as Federal Reserve Chairman Powell may "speak a calm tone" in his much-anticipated Jackson Hole speech tomorrow. The cooling of the U.S. labor market has triggered bets on aggressive rate cuts, which Powell may refute. "The market expects a 100 basis point rate cut this year, which seems a bit excessive given the current data," Villarroel said. He expects a 50 basis point rate cut in September instead of a 25 basis point cut. "The economy and the labor market are slowing down, but they are still in good shape." (Jinshi)