The two-year US Treasury bond yield hit a new low since 2022 on the day of the release of US CPI inflation data, with long-term yields falling by around 16 basis points.

On Friday, the New York closing, the US 10-year Treasury yield fell by 4.98 basis points to 4.0483%, with a cumulative decline of 15.77 basis points for the week, showing overall downward volatility. The 2-year US Treasury yield fell by 5.45 basis points to 3.4014%, dropping to 3.3951% at 21:30 Beijing time when the US CPI inflation data was released, reaching a new low since 2022, with a weekly cumulative decline of 9.62 basis points; the 30-year US Treasury yield fell by 3.75 basis points to 4.6953%, with a weekly cumulative decline of 15.57 basis points. The 2/10-year US Treasury yield spread rose by 0.477 basis points to +64.486 basis points, with a weekly cumulative decline of 5.945 basis points. The 10-year inflation-protected Treasury yield fell by 2.41 basis points to 1.7551%, with a weekly cumulative decline of 12.25 basis points; the 2-year TIPS yield fell by 0.59 basis points to 0.7077%, with a weekly cumulative decline of 0.25 basis points; the 30-year TIPS yield fell by 1.99 basis points to 2.4636%, with a weekly cumulative decline of 12.01 basis points.