US Treasury yields rose slightly because one of the threats facing the market is fading away: the spillover effects of year-end financing pressure in the repurchase agreement market. According to data from the New York Federal Reserve, on Wednesday and Friday around New Year's Day, the benchmark repurchase rate seemed somewhat tight for a while. The interest rate for about a quarter of tripartite repurchase transactions fell between 3.71% and 3.88% last Friday. However, the three-party repurchase rate recorded a moderate 3.66% on Monday, and there were not many repurchase transactions above 3.75%. Currently, the 10-year US Treasury yield is about 4.171%, compared to 4.164% on Monday; the 2-year US Treasury yield is 3.465%, compared to 3.454% on Monday.

US Treasury yields rose slightly because one of the threats facing the market is fading away: the spillover effects of year-end financing pressure in the repurchase agreement market. According to data from the New York Federal Reserve, on Wednesday and Friday around New Year's Day, the benchmark repurchase rate seemed somewhat tight for a while. The interest rate for about a quarter of tripartite repurchase transactions fell between 3.71% and 3.88% last Friday. However, the three-party repurchase rate recorded a moderate 3.66% on Monday, and there were not many repurchase transactions above 3.75%. Currently, the 10-year US Treasury yield is about 4.171%, compared to 4.164% on Monday; the 2-year US Treasury yield is 3.465%, compared to 3.454% on Monday.