The yield on the 10-year US Treasury bond rose sharply this week before falling back, ending up dropping more than 7 basis points.

On Friday in New York, the yield on the 10-year US Treasury bond fell by 6.03 basis points to 4.2546%. It has dropped by a total of 7.22 basis points this week. In the Asia Pacific session on Tuesday, it rose to 4.4341%, then fell to 4.2472% in the early trading session on Wednesday before rebounding. It continued to fall on Thursday and Friday, approaching the Wednesday low. The yield on the 2-year US Treasury bond fell by 4.09 basis points to 3.7561%, with a total decrease of 4.21 basis points this week. It fell to 3.7140% on Monday before rebounding, rising to 3.8729% after the stock market closed on Wednesday, and falling continuously on Thursday and Friday. The 2/10-year US Treasury yield spread fell by 1.934 basis points to +49.438 basis points, with a total decrease of 2.990 basis points this week. It reached +66.377 basis points on Monday at midday in New York, and fluctuated at a low level from Wednesday to Friday.