The 10-year U.S. Treasury yield fell by about 1.8 basis points on Thursday, while the 2-year U.S. Treasury yield rose nearly 22 basis points in July

On Thursday (July 31), at the New York close, the yield on the U.S. 10-year benchmark Treasury bond fell by 1.79 basis points to 4.3521%. In July, it accumulated an increase of 12.41 basis points, rising from 4.1852% to 4.4933% from July 1 to 16, and subsequently retracing some gains, showing a high-level fluctuation since July 7. The yield on the two-year U.S. Treasury bond fell by 0.20 basis points to 3.9386%. During the day, the PCE inflation data favored by the Federal Reserve was released, with a cumulative increase of 21.93 basis points in July, significantly rising on July 3, followed by high-level fluctuations, trading overall in the range of 3.6946%-3.9587%