
The price of U.S. Treasury bonds shows a V-shaped trend
On Thursday (February 27), at the New York close, the yield on the U.S. 10-year Treasury rose by 1.90 basis points to 4.2752%. After a "gap up" opening, it remained in an upward trend throughout the day, showing a pattern of rising and then retreating, with a trading range of 4.2637%-4.3316%. The daily low was refreshed when the U.S. durable goods orders, GDP, and weekly jobless claims were released at 21:30 Beijing time. The yield on the 2-year U.S. Treasury fell by 0.62 basis points, refreshing the daily low to 4.0655%, also retreating from the daily high of 4.1168% set at 18:19. The yield spread between the 2-year and 10-year U.S. Treasuries increased by 2.309 basis points to +20.564 basis points