[Analysis: Discussions about Fed rate hikes are reasonable, but that doesn't mean the Fed will raise rates] Jin10 News, July 21 – Christian Lenk, an analyst at DZ Bank, stated in a report that speculation about a Federal Reserve rate hike is reasonable. However, he noted that partly due to the latest inflation data (which came in below analysts' expectations in June), 'this does not necessarily mean the Fed will raise rates.' Lenk mentioned that speculation about key interest rates is also somewhat reflected in the long end of the U.S. Treasury yield curve, although to a much lesser extent than the short end. DZ Bank continues to expect the volatility of 10-year U.S. Treasuries to remain moderate and forecasts the 10-year U.S. Treasury yield to fall back to 4.40% within 12 months.