At the end of the New York session on Wednesday, the yield on the US 10-year benchmark treasury bond fell 1 basis point to 4.7881%. Intraday trading was in the 4.8162%-4.7660% range. There was a V-shaped reversal before and after the release of the US ADP small farmers employment report at 20:15 Beijing time. The two-year US Treasury yield fell 2.48 basis points to 4.731%, and fell to 4.3586% on the 20:21 refresh date. The 30-year US Treasury yield fell 1.27 basis points to 5.2603%. The 02/10 US Treasury yield spread rose 1.866 basis points to +41.080 basis points. The yield on 10-year inflation-protected treasury bonds remained roughly flat at 2.4375%; the two-year TIPS yield rose 0.17 basis points to 1.9244%; and the 30-year TIPS yield fell 1.43 basis points to 2.9864%.

At the end of the New York session on Wednesday, the yield on the US 10-year benchmark treasury bond fell 1 basis point to 4.7881%. Intraday trading was in the 4.8162%-4.7660% range. There was a V-shaped reversal before and after the release of the US ADP small farmers employment report at 20:15 Beijing time. The two-year US Treasury yield fell 2.48 basis points to 4.731%, and fell to 4.3586% on the 20:21 refresh date. The 30-year US Treasury yield fell 1.27 basis points to 5.2603%. The 02/10 US Treasury yield spread rose 1.866 basis points to +41.080 basis points. The yield on 10-year inflation-protected treasury bonds remained roughly flat at 2.4375%; the two-year TIPS yield rose 0.17 basis points to 1.9244%; and the 30-year TIPS yield fell 1.43 basis points to 2.9864%.