U.S. Treasury yields fell by at least 2 basis points on Non-Farm Payrolls day, briefly spiking before retreating after the data release

On Tuesday (December 16), at the New York close, the yield on the U.S. 10-year benchmark Treasury bond fell by 2.54 basis points to 4.1470%, approaching the intraday low of 4.1353% set when the U.S. November non-farm payroll report was released at 21:30 Beijing time. After the data was released, it rebounded to 4.1939% at 22:18, setting a new intraday high. The yield on the two-year U.S. Treasury bond fell by 2.28 basis points to 3.4786%, trading within a range of 3.5079%-3.4494% during the day, also setting a new intraday low when the non-farm payroll report was released