The issue of Trump's tariffs remains undecided, while the US bond yield tends to stabilize after continuous increases.

After five consecutive trading days of increase, the US Treasury bond yields have remained stable. The market is currently waiting to see how likely it is for Trump's tariff threats to actually be implemented, and what impact these policies will have on inflation and economic growth. The Fed will release the meeting minutes at 2pm Eastern Time. At the same time, the White House is pressuring the Fed to cut interest rates, and Trump is also looking for a replacement for Powell as Fed Chair. In addition, a 10-year Treasury bond auction will be held at 1pm Eastern Time, following weak demand for 3-year Treasury bonds the previous day.