Short-term US Treasury yields fell sharply, and after the preliminary revised data on non-farm payrolls was released, the latest meeting minutes showed that the Federal Reserve may cut interest rates in September

At the New York closing on Wednesday (August 21), the yield on the 10-year US Treasury benchmark bond fell by 1.89 basis points to 3.7878%. At 22:00 Beijing time (the US Department of Labor was originally scheduled to release preliminary revised non-farm payroll data at that time, but it was delayed), it rose and hit a daily high of 3.8294%. At 02:00, after the release of the minutes of the Federal Reserve's FOMC monetary policy meeting at the end of July, it hit a daily low of 3.7595%. The yield on the two-year US Treasury bond fell by 5.94 basis points to 3.9242%, hitting a daily high of 4.0041% at 22:00, and then resumed a volatile downward trend. At 02:02, it hit a daily low of 3.8886%