[U.S.-Iran Standoff Keeps Oil Prices High, Asian Bond Market May Follow U.S. Bonds Lower] Reported by Jinse Finance, on September 29, the Asian bond market is expected to follow U.S. bonds lower as the U.S.-Iran standoff keeps oil prices high, intensifying inflation concerns and increasing market bets on further rate hikes by the Federal Reserve. New Zealand government bonds opened lower, and Australian government bond futures indicated potential declines, following a broad surge in yields across all maturities of U.S. Treasuries. The benchmark 10-year U.S. Treasury yield once rose 11 basis points to 5.27%, hitting a 19-year high, while the 30-year yield climbed to 5.55%. Short-term bond yields also increased, as traders anticipate the Federal Reserve will continue tightening policy to curb inflation. Morgan Stanley analyst Chris Larkin stated: 'With rising yields and oil prices, the overall market has struggled to gain clear momentum. As the Federal Reserve continues to focus on the inflation aspect of its policy objectives, unless there is a significant surprise in this week’s employment market data, the market's attention is likely to remain on interest rates and energy prices.'