U.S. Treasury yields fall, reversing the selling trend after the release of nonfarm payroll data.

During the Asian trading session, US Treasury yields edged lower, reversing the uptrend caused by investors selling off US Treasuries following stronger-than-expected January employment data. Mohamad Al-Saraf of Danske Bank stated in a report, "Overall, while the January report was undoubtedly strong, the broader trend continues to suggest structural slowing in US employment growth." A $25 billion 30-year bond auction is scheduled for Thursday. According to Tradeweb data, the yields on 2-year and 10-year US Treasuries both fell by 0.4 basis points, standing at 3.506% and 4.178%, respectively.