On September 15, U.S. Treasury Secretary Becerra will attend a hearing at 10 PM tonight before the House Financial Services Committee, with the theme "Annual Testimony by the Secretary on the Status of the International Financial System." Given that the yield on the 10-year U.S. Treasury has surpassed 5%, the market will closely monitor whether Becerra provides new signals regarding fiscal policy, bond issuance and repurchase plans, debt management, and the outlook for the dollar and interest rates. If his remarks lean towards controlling deficits and stabilizing the bond market, it may alleviate upward pressure on long-term U.S. Treasury yields. Conversely, if he signals more fiscal expansion or tolerance for high interest rates, there may be a need to be cautious about further increases in U.S. Treasury yields, as well as the interconnected reactions of the dollar, gold, U.S. stocks, and risk assets.