[US Treasuries fall below the key threshold! "New King of Debts": The economic alarm has been sounded that the Federal Reserve will cut interest rates by 200 basis points next year.] On Thursday, the US "King of Debts" Gonrak warned that the US economic outlook was not good, as the yield of the US 10-year treasury bond bond fell below the key threshold of 4%. The Federal Reserve announced its December interest rate decision the day before, with its dot matrix and economic expectations suggesting that it will cut interest rates three times next year. This caused the 10-year yield of US Treasury bonds to immediately fall more than 17 basis points above the 4% mark on the same day. On Thursday Eastern Time, US Treasury yields continued to decline, with the benchmark 10-year Treasury yield further falling to 3.93%, a significant drop from the peak of 5.02% hit at the end of October.