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