
The decline in the two-year U.S. Treasury yield has widened, and the Federal Reserve's survey results show that U.S. one-year inflation expectations for March reached an 18-month high
The yield on the 10-year U.S. Treasury bond fell nearly 4 basis points in the short term, approaching 4.4%, with the intraday decline expanding to nearly 9 basis points.
The yield on the two-year U.S. Treasury bond broke the "gap down" and earlier traded in a "low horizontal consolidation" state around 3.94%-3.9%. After the release of the Federal Reserve's inflation expectations survey results, it plunged 3 basis points, refreshing the intraday low to 3.8659%, with the overall intraday decline expanding to 9 basis points