during the Asian trading session, US Treasury yields fell slightly, with the 10-year Treasury yield falling below 4%. Pepperstone analyst Michael Brown stated in a report, "I find it difficult to prove that the two-year (US Treasury yield) will be significantly below 3.50%, and the ten-year (US Treasury yield) will be significantly below 4.00%, because the performance of the United States is better than other countries, inflation continues to rise, and overall risk appetite is positive." He said that without major, potentially unexpected macroeconomic downside risks, the expected room for further increase in US Treasury yields will weaken, especially for long-term bonds.
