Trade tensions show signs of easing as US Treasury yields rise for the second consecutive week.

According to the Securities Times APP, there are signs that the Trump administration is making efforts to ease trade tensions, leading to a second consecutive week of increase in US Treasury bonds, almost recovering all the losses since the beginning of the month. Long-term US bonds led the way, with the yield on the benchmark 10-year US bond falling by about 5 basis points this week to 4.28%; the yield on the 30-year US bond fell by 8 basis points this week to 4.71%. Meanwhile, the yield on the 5-year US bond fell by 5 basis points, and the spread between the 5-year and 30-year US bond yields narrowed for the first time since February.