U.S. Treasury yields fell by at least more than 4 basis points, and large transactions occurred in the futures market after Powell's speech
On Wednesday (December 4), at the New York close, the yield on the U.S. 10-year benchmark Treasury bond fell by 4.26 basis points to 4.1820%. At 21:52 Beijing time, it had reached a daily high of 4.2789%, and then fluctuated downward, hitting a daily low of 4.1723% at 03:31 (before Federal Reserve Chairman Powell's speech). The yield on the two-year U.S. Treasury bond fell by 5.29 basis points to 4.1235%, trading within a range of 4.2803%-4.1132% during the day