The 10-year U.S. Treasury yield fell by 1.4 basis points, narrowing its decline after the European Central Bank announced interest rate cuts and the release of U.S. GDP data

On Thursday (January 30, the day after the Federal Reserve announced to hold steady), at the New York close, the yield on the U.S. 10-year benchmark Treasury bond fell by 1.41 basis points to 4.5143%. At 08:15 Beijing time (early in the Asia-Pacific session), it rose to 4.5425%, then fluctuated downward, hitting a daily low of 4.4841% at 20:44 (before the European Central Bank announced a rate cut and before the U.S. GDP data was released). It then turned to rise multiple times, significantly surging around 04:48 Beijing time, briefly climbing from around 4.51% to above 4.53%. The yield on the two-year U.S. Treasury bond fell by 0.62 basis points to 4.2073%, trading within a range of 4.2217%-4.1867% during the day