The 10-year US Treasury yield rises by about 5 basis points during the "Fed rate cut week"
Jinse Finance reported that on Friday (December 12), at the close of trading in New York, the yield on the US 10-year benchmark Treasury note rose by 2.75 basis points to 4.1841%. Over the week, it increased by a total of 4.90 basis points, trading overall within the range of 4.1002%-4.2074%. From Monday to Wednesday (prior to the Federal Reserve's announcement of an interest rate cut and Treasury purchase plan), yields continued to rise, then showed a V-shaped trend. The yield on the two-year US Treasury note fell by 1.82 basis points to 3.5222%, with a cumulative decline of 3.81 basis points for the week, trading overall within the range of 3.6253%-3.4989%.
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