When Federal Reserve Chairman Walsh debuted at the annual meeting of global central banks in Jackson Hole, the US 10-year Treasury yield showed a sharp V-shaped reversal — as low as 4.6485% on the 22:00 Beijing time refresh day, instantly rebounded, and reached a daily high of 4.6941% close to the 20:32 refresh. According to Bloomberg data, the two-year US Treasury yield was as low as 4.2135% on the 21:59 refresh date, then retracted and rose to 4.2938% on the 22:14 refresh day; the 30-year US Treasury yield once fell below 5.17%. The 2/10-year US Treasury yield spread dived in the short term, from +44 basis points to a new low of +37.558 basis points. The overall decline during the day is currently over 6.2 basis points. The yield on US two-year inflation-protected treasury bonds once fell below 1.84%, and has now risen 6.4 basis points to a new high of 1.9323%.

When Federal Reserve Chairman Walsh debuted at the annual meeting of global central banks in Jackson Hole, the US 10-year Treasury yield showed a sharp V-shaped reversal — as low as 4.6485% on the 22:00 Beijing time refresh day, instantly rebounded, and reached a daily high of 4.6941% close to the 20:32 refresh. According to Bloomberg data, the two-year US Treasury yield was as low as 4.2135% on the 21:59 refresh date, then retracted and rose to 4.2938% on the 22:14 refresh day; the 30-year US Treasury yield once fell below 5.17%. The 2/10-year US Treasury yield spread dived in the short term, from +44 basis points to a new low of +37.558 basis points. The overall decline during the day is currently over 6.2 basis points. The yield on US two-year inflation-protected treasury bonds once fell below 1.84%, and has now risen 6.4 basis points to a new high of 1.9323%.