According to CoinMeta, Thomas Hempel, head of macro and market research at Amundi Asset Management in France, stated in a report that a Fed interest rate hike in September is still a closely contested prospect, hence the firm remains cautious about long-term bond investments. He pointed out that the core PCE inflation figures in July were more persistent, and coupled with Federal Reserve Chairman Kevin Warsh's hawkish remarks at the Jackson Hole Symposium, the risk of an earlier rate hike has increased. Amundi Asset Management expects that long-term government bond yields will continue to fluctuate within a certain range, but the risks faced are still tilted upwards.