US Treasury bonds fell to an intraday low after the release of GDP data for the third quarter. The US economy grew 4.3% in the third quarter, the fastest growth rate in two years. US Treasury yields rose slightly on the same day and fell during the early trading session. The yield on US 10-year treasury bonds hit an intraday high, at around 4.165%, outperforming German treasury bonds and British treasury bonds by 3 basis points and 2 basis points, respectively. The market's pricing of the Fed's policy has turned slightly hawkish. Currently, interest rate cuts for the January policy meeting are expected to be about 3 basis points, compared to 4 basis points at the close of trading on Monday.

Zhitongcaijing · 2d ago
US Treasury bonds fell to an intraday low after the release of GDP data for the third quarter. The US economy grew 4.3% in the third quarter, the fastest growth rate in two years. US Treasury yields rose slightly on the same day and fell during the early trading session. The yield on US 10-year treasury bonds hit an intraday high, at around 4.165%, outperforming German treasury bonds and British treasury bonds by 3 basis points and 2 basis points, respectively. The market's pricing of the Fed's policy has turned slightly hawkish. Currently, interest rate cuts for the January policy meeting are expected to be about 3 basis points, compared to 4 basis points at the close of trading on Monday.