The market and its "economists" are currently pricing in a >50% chance of a 25bps rate hike at the September FOMC meeting. Don't let them fool you.

US 10yr is currently in a distribution type pattern at a 24 year resistance with overlapping price action since 2022.
Anyone thinking US is going to hike rates when the country is in the middle of its largest infrastructure rebuild in history to be the world's leading country in AI has 0 idea what they're talking about
As long as bond yields remain slightly elevated and strait of hormuz issue isn't resolved, higher for longer should be your expectation but we are NOT getting rate hikes.
Make no mistake all this macro geopolitical charade nonsense will get resolved. When it does, what'll be most important is, did you use the opportunity of uncertainty to position yourself and own the benefactors of the AI infrastructure / capex cycle