The yield on the U.S. 10-year Treasury bond fell more than 5.5 basis points, hitting a daily low below 4.32% after Federal Reserve Governor Bowman discussed the prospects of an FOMC rate cut.
The two-year U.S. Treasury yield briefly dropped nearly 4 basis points, hitting a daily low and approaching 3.85%, continuing to decline from around 3.92% since 19:35 Beijing time, with two significant downward movements.
The S&amp;P 500 index is currently up 0.57%, reaching a daily high, the Dow Jones is up 0.42%, and the Nasdaq is up 0.55%

.SPX

The yield on the 10-year U.S. Treasury fell by more than 5.5 basis points, hitting a daily low below 4.32% after Federal Reserve Governor Bowman discussed the prospects of an FOMC rate cut. The two-year Treasury yield briefly dropped nearly 4 basis points, reaching a daily low close to 3.85%, continuing to decline from around 3.92% since 19:35 Beijing time, with two significant downward movements. The S&P 500 index is currently up 0.57%, reaching a daily high, the Dow is up 0.42%, and the Nasdaq is up 0.55%

U.S. Treasury prices and S&P gains widen, Federal Reserve's historical Bowman discusses the possibility of a rate cut in July