
News
On Friday (June 20), at the New York close, the yield on the U.S. 10-year benchmark Treasury bond fell by 1.57 basis points to 4.3751%, a cumulative decline of 7.11 basis points for the week, remaining in a downward trend, trading overall in the range of 4.4443%-4.3377%. The yield on the 2-year U.S. Treasury bond fell by 3.337 basis points to 3.9077%, with a cumulative decline of 5.87 basis points for the week, trading overall in the range of 3.9749%-3.8824%. It briefly rose only after the U.S. stock market opened on Monday, and on Wednesday, the Federal Reserve announced that the FOMC had held steady for four consecutive times and disclosed the economic projections (including the dot plot of interest rate expectations) which "plummeted" to the lowest level of the week