At the end of the New York session on Thursday, the US 10-year Treasury yield fell 8.91 basis points to 4.4472%, and continued to decline throughout the day. After data such as US retail sales were released at 20:30 Beijing time, it briefly turned up, and fell to 4.4374% on the 01:13 refresh day. The two-year US Treasury yield fell 8.79 basis points to 3.9629%. The decline began at 14:00 and reached as low as 3.9587% on the 03:23 refresh day. The 2/10-year US Treasury yield spread remained roughly flat, at +48.227 basis points. After the PPI data was released, it rose significantly and reached +51.942 basis points at 20:54.

At the end of the New York session on Thursday, the US 10-year Treasury yield fell 8.91 basis points to 4.4472%, and continued to decline throughout the day. After data such as US retail sales were released at 20:30 Beijing time, it briefly turned up, and fell to 4.4374% on the 01:13 refresh day. The two-year US Treasury yield fell 8.79 basis points to 3.9629%. The decline began at 14:00 and reached as low as 3.9587% on the 03:23 refresh day. The 2/10-year US Treasury yield spread remained roughly flat, at +48.227 basis points. After the PPI data was released, it rose significantly and reached +51.942 basis points at 20:54.