Due to oil prices falling below $100 per barrel, and US Treasury Secretary Bessent's insistence that the government debt burden is manageable, US bond yields have fallen from their highest level since 2002. Bezent tried to appease investors, saying that the combination of economic growth and spending restrictions would “very quickly” begin to change the government's borrowing path. While attending a fireside conversation in Pennsylvania on Monday night, he said the government will begin to reverse this trend. The 10-year US Treasury yield fell 2 basis points to 5.28%, and the two-year yield also fell by about 2 basis points to 4.8%. Crude oil prices retreated on Tuesday as signs showed that more supply was passing through the Strait of Hormuz. Concerns about America's fiscal path have always kept investors wary. Dalio, founder of Qiaoshui, warned that the US is nearing the limit of its debt cycle, and if spending continues to exceed revenue, it may face a crisis within the next three years. He said that US debt is still vulnerable to falling demand for debt purchases from China and Japan. However, investors doubt that Bezent can significantly ease financial pressure in the short term, and are unwilling to judge that the bond sell-off is over.

Due to oil prices falling below $100 per barrel, and US Treasury Secretary Bessent's insistence that the government debt burden is manageable, US bond yields have fallen from their highest level since 2002. Bezent tried to appease investors, saying that the combination of economic growth and spending restrictions would “very quickly” begin to change the government's borrowing path. While attending a fireside conversation in Pennsylvania on Monday night, he said the government will begin to reverse this trend. The 10-year US Treasury yield fell 2 basis points to 5.28%, and the two-year yield also fell by about 2 basis points to 4.8%. Crude oil prices retreated on Tuesday as signs showed that more supply was passing through the Strait of Hormuz. Concerns about America's fiscal path have always kept investors wary. Dalio, founder of Qiaoshui, warned that the US is nearing the limit of its debt cycle, and if spending continues to exceed revenue, it may face a crisis within the next three years. He said that US debt is still vulnerable to falling demand for debt purchases from China and Japan. However, investors doubt that Bezent can significantly ease financial pressure in the short term, and are unwilling to judge that the bond sell-off is over.