The yield on the 2/10 year US Treasury bond has fallen by more than 4 basis points.
On Tuesday, the closing of the New York session saw the yield on the US 10-year Treasury bond fall by 4.10 basis points to a new daily low of 4.3023%. The US Department of the Treasury announced the results of the 10-year Treasury bond auction at 01:00 Beijing time, causing a short-term drop of approximately 2 basis points. The yield on the 2-year Treasury bond dropped by 4.95 basis points to 3.7848%, approaching the daily low of 3.7827% set at 01:16. The 2/10-year Treasury bond yield spread rose by 0.867 basis points to +51.733 basis points, after reaching a daily high of +56.184 basis points at 23:20.
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