The yield of short-term US government bonds falls, and the market focus turns to employment data.

During the Asian trading session, the yield on US short-term treasury bonds fell, while mid-term and long-term bond yields remained relatively stable. In addition to continuing to monitor the Middle East conflict, the focus will be on the US February employment data to be released at 1330 Greenwich Mean Time on Friday. Analysts predict an addition of 50,000 jobs in February, which is lower than the data from January. This result is unlikely to change the Federal Reserve's current stance of pause in the short term. Michael Brown of Pepperstone stated in a report, "From a policy perspective, this employment report seems unlikely to have a substantial impact on policy, as the Federal Open Market Committee is currently firmly in a wait-and-see mode." According to Tradeweb's data, the yield on 2-year US Treasury bonds dropped by 1.8 basis points to 3.580%, while the yield on 10-year US Treasury bonds dropped by 0.4 basis points to 4.141%.