[U.S. Treasury Market Focuses on Fed Meeting and Bond Auctions, Traders Bet on Year-End Rate Cuts] According to Jintou reports, as the Middle East situation drives up oil prices, U.S. Treasury market traders are closely monitoring this week's Federal Reserve meeting to assess officials' views on inflation prospects. The market broadly expects the Fed to keep interest rates unchanged on Wednesday, but traders tend to believe there will still be a rate cut before the end of the year. Swap market data from Friday shows the probability of a rate cut by year-end has risen to around 40%. This development could pave the way for Kevin Warsh, nominated by Trump, to take over the Fed in the future and implement more accommodative policies. Against this backdrop, traders will carefully listen to current Chair Jerome Powell's remarks at the post-meeting press conference to gain the latest insights into his plans after his term ends in May next year. Meanwhile, this week will also see a series of U.S. Treasury auctions, including 2-year and 5-year notes, to test market demand at current yield levels.