Bond trader buys low and profits: Greenland "framework agreement" news helps boost US bond prices rebound.

After President Trump withdrew his threat of imposing new tariffs on European countries, investors who took advantage of the sell-off in US Treasury bonds this week are reaping handsome rewards. Trump's decision successfully reversed the market sentiment, catching those who had previously purchased options crazily to hedge against further plunges in US Treasury bonds off guard. On January 21, the yield on 10-year US Treasury bonds fell by 4.97 basis points to 4.2428%; the yield on 2-year US Treasury bonds fell by 1.24 basis points, the yield on 3-year US Treasury bonds fell by 2.23 basis points, the yield on 5-year US Treasury bonds fell by 3.34 basis points, the yield on 7-year US Treasury bonds fell by 4.45 basis points, the yield on 20-year US Treasury bonds fell by 5.92 basis points, and the yield on 30-year US Treasury bonds fell by 5.68 basis points.