The 10-year U.S. Treasury yield rose by about 13 basis points this week, as traders' expectations for a Federal Reserve rate cut cooled briefly
On Friday (November 15), at the New York close, the yield on the U.S. 10-year benchmark Treasury bond fell by 0.39 basis points to 4.4315%. This week (with the market closed on November 11), it accumulated an increase of 12.72 basis points, trading overall in the range of 4.3043%-4.5007%. As traders' expectations for a Federal Reserve rate cut in December cooled, the yield briefly rose above 4.5% at 22:39 Beijing time on November 15. The yield on the two-year U.S. Treasury bond fell by 4.37 basis points to 4.3011%, with an accumulated increase of 4.72 basis points this week, trading overall in the range of 4.2396%-4.3752%