The 10-year US Treasury bond yield rose more than 6 basis points this week.

On Friday afternoon in New York, the yield on the 10-year benchmark US treasury bond rose by 2.30 basis points to 4.1274%, with a cumulative increase of 6.31 basis points for the week. Before the Federal Reserve announced a rate cut on September 17 and the dot plot implied a potential 50 basis points cut by the FOMC before the end of the year, the yield remained slightly lower and traded around 4.04%. However, there was a short-term dip afterwards, followed by a significant rebound during Fed Chairman Powell's speech on September 18, leading to another significant increase. The yield on the 2-year US treasury bonds rose by 0.80 basis points to 3.5715%, with a cumulative increase of 1.59 basis points for the week, trading within the range of 3.4655%-3.5883%. The yield on the 20-year US treasury bonds increased by 6.68 basis points to 4.7125%, while the yield on the 30-year US treasury bonds increased by 6.33 basis points to 4.7438%. The 3-year US treasury bond yield increased by 2.59 basis points, the 5-year US treasury bond yield increased by 4.35 basis points, and the 7-year US treasury bond yield increased by 5.66 basis points.