Core Viewpoint - U.S. Treasury yields are declining due to the ongoing government shutdown, with expectations for the 10-year yield to eventually rise towards 4.5% being hindered for the time being [1] Treasury Yields - The 10-year U.S. Treasury yield is anticipated to rise towards 4.5% from a structural perspective, but the current government shutdown is expected to prevent this increase from occurring in the near term [1] - The strategists do not foresee the 4% level being broken on the downside without more reliable data to support such a move [1]