The two-year US Treasury yield rose by more than 2 basis points.

On Thursday, the closing of the New York session saw the US 10-year Treasury yield rise by 0.40 basis points to 4.2469%, hitting a daily low of 4.2310% at 17:41 Beijing time before rebounding and reaching a daily high of 4.2747% at 22:55. The 2-year Treasury yield rose by 2.35 basis points to 3.6079%, accelerating higher since 20:00 and hitting a daily high of 3.6206% at 00:10. The 30-year Treasury yield fell by 1.64 basis points to 4.8457%. The 2/10-year Treasury yield spread decreased by 1.548 basis points, standing at +63.881 basis points. The 10-year inflation-protected Treasury securities (TIPS) yield rose by 1.90 basis points to 1.8804%, bouncing back from below 1.86% after the release of the results of the 10-year TIPS auction at 02:00. The 2-year TIPS yield rose by 3.53 basis points to 0.9974%, and the 30-year TIPS yield rose by 0.24 basis points to 2.5838%.