The decline in short-term U.S. Treasury yields is relatively pronounced, while the yield curve remains stable
On Wednesday (January 8), at the New York close, the yield on the U.S. 10-year benchmark Treasury bond fell by 0.81 basis points to 4.6769%, trading within a range of 4.7280%-4.6667% during the day. The yield on the 2-year U.S. Treasury bond fell by 1.46 basis points to 4.2765%, trading within a range of 4.3120%-4.2578% during the day. After the release of the Federal Reserve's December FOMC monetary policy meeting minutes at 03:00 Beijing time, it rebounded above 4.29%, approaching the flat level