China’s 10-year government bond yield traded to around 1.78% on Monday, hovering near its highest level in four weeks, supported by optimism surrounding the US Federal Reserve’s dovish stance. At the Fed’s annual Jackson Hole symposium on Friday, Chair Jerome Powell indicated a potential interest rate cut at the September 17 meeting, citing rising risks to employment. Investors anticipated that the Fed's potential rate cuts could lead to lower US yields, making Chinese assets more attractive. Additionally, China's central bank, the People's Bank of China, injected CNY 600 billion into the banking system on August 25 through its one-year medium-term lending facility (MLF), aiming to maintain ample liquidity and signaling a more accommodative monetary stance. Looking ahead, investors await China's latest purchasing managers' index readings and industrial profits data for fresh insights into the health of the world's second-largest economy.