Lates News

On Tuesday's closing in New York, the yield on the 10-year U.S. Treasury benchmark bond fell by 5.30 basis points, to 4.2945%. During the day, the yield rose to a daily high of 4.3692% at 21:24 Beijing time in a narrow-range volatile market, followed by a sharp decline and hit a daily low of 4.2827% at 02:45 while oscillating at the lower levels. The yield on the 2-year U.S. Treasury bond dropped by 3.81 basis points to 3.8251%, remaining in a downward trend throughout the day. Federal Reserve Chairman Powell caused the yield to rise to 3.8632% before providing clues about a potential interest rate cut this year. The yield then fell to 3.8019% hitting a daily low at 01:36.