The yield on the US 2-year Treasury bond rises by approximately 4.3 basis points.
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The yield on the two-year US Treasury rose by 4.29 basis points to 3.8401%, reaching a new daily high of 3.8524% at 19:53 amid a continued upward trend, before fluctuating at a high level; the yield on the 30-year US Treasury fell by 0.41 basis points to 4.9420%. The yield spread between the 2-year and 10-year US Treasuries dropped by 2.767 basis points to +51.038 basis points, remaining mostly stable around +54 basis points before 16:00, and then declined continuously. The 10-year Treasury Inflation-Protected Securities (TIPS) yield rose by 0.80 basis points to 1.8970%; the 2-year TIPS yield increased by 3.55 basis points to 0.8676%; and the 30-year TIPS yield declined by 0.80 basis points to 2.6820%.
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