The two-year US Treasury yield rose by about 8 basis points to test the 4% level, while rising oil prices have made investors worried about the risk of a rebound in US inflation

At the New York closing on Monday (October 7, the day after non-farm payrolls), the yield on the 10-year benchmark US Treasury bond rose by 5.64 basis points to 4.0236%, trading in a range of 3.9653% to 4.0314% during the session, approaching the peak of 4.0642% on August 1, which had risen to 4.7351% on April 25. The yield on the 2-year US Treasury bond rose by 7.76 basis points to 3.9994%, trading in a range of 3.9280% to 4.0223% during the session, with a cumulative increase of 39.71 basis points over the past four trading days. The spread between the 3-month Treasury bill and the 10-year US Treasury bond yield increased by 4.149 basis points to -62.860 basis points. The 2/10-year US Treasury bond yield spread fell by 1.761 basis points to +2.398 basis points, dropping to -1.248 basis points at 19:05 Beijing time. The yield on the 10-year US Treasury Inflation-Protected Securities (TIPS) rose by 2.60 basis points to 1.7587%