Atlanta Fed President Bostic spoke on Friday and said he expected only one rate cut in 2024, and it would happen later this year. He mentioned that he was "less confident" that inflation would continue to fall toward the 2% target compared with December last year. The market began to consider the possibility that the Federal Reserve will cut interest rates later, and the U.S. dollar index continued to strengthen, currently at 104.33. The ten-year U.S. bond fell back below 4.2% and then rebounded slightly, reporting at 4.235%. The two-year U.S. bond fluctuated slightly above 4.6%, reporting at 4.621%. This week the market will focus on the new round of PCE data released by the United States on Friday, which will reveal the recent trajectory of inflation.