
News
On Friday (May 9), at the New York close, the yield on the U.S. 10-year benchmark Treasury bond remained flat at 4.3785%, with a cumulative increase of 7.01 basis points this week, showing an overall V-shaped trend, trading within a range of 4.2577%-4.3961%. The yield on the 2-year U.S. Treasury bond rose by 1.91 basis points, reaching a daily high of 3.8931%, with a cumulative increase of 6.70 basis points this week. From Monday to Wednesday, it experienced a "slight" downward fluctuation, dropping to 3.7538% before the Federal Reserve announced to hold steady, and before the press conference by Federal Reserve Chairman Jerome Powell. On Thursday (the day of the Bank of England's rate cut + the announcement of the trade "framework" agreement between the UK and the U.S.), it continued to fluctuate upward