<p>The 10-year US Treasury yield fell by more than 1 basis point in the short term, hitting a daily low of 4.1964% as Powell discussed progress on inflation and confidence.
The 2-year US Treasury yield fell by more than 2 basis points, hitting a daily low of 4.4154%.
The 2/10-year US Treasury yield spread rose from -23.263 basis points to above -22.5 basis points in the short term, with an overall increase of over 4 basis points during the day.
The US dollar hit a daily low against the Japanese yen</p>

<p>The yield on the 10-year US Treasury bond fell more than 1 basis point in the short term, hitting a daily low, while the yield on the 2-year US bond fell more than 2 basis points, also hitting a daily low. In addition, the 2/10-year US Treasury yield spread rose in the short term, with an intraday increase of over 4 basis points. At the same time, the US dollar against the Japanese yen also hit a daily low. These are the latest developments on US Treasury bond yields and exchange rates</p>

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