Short-term US Treasury yields edged slightly lower, while long-term US Treasury yields rose more than 6 basis points. Investors are reassessing bond supply.

On Tuesday, during the final trading session in New York, the US 10-year benchmark Treasury yield rose by 3.76 basis points to 4.4850%, dropping to 4.4257% at 15:29 Beijing time before rebounding and reaching a high of 4.5207% at 21:42 before stabilizing around 4.48%. The 2-year US Treasury yield fell by 0.82 basis points to 3.9683%, trading within a range of 3.9958%-3.9514% during the day. The 20-year Treasury yield rose by 6.24 basis points, while the 30-year Treasury yield rose by 6.67 basis points. The 3-year Treasury yield fell by 0.27 basis points, the 5-year Treasury yield rose by 1.07 basis points, and the 7-year Treasury yield rose by 2.13 basis points. The 3-month T-bill/10-year Treasury yield spread widened by 5.657 basis points to +14.872 basis points. The 2/10-year Treasury yield spread widened by 4.354 basis points to +51.227 basis points.