The two-year U.S. Treasury yield hit a new low since 2022 on the day the U.S. CPI inflation data was released, with medium- to long-term yields falling by about 16 basis points this week

On Friday (February 13), at the close in New York, the yield on the 10-year U.S. Treasury fell by 4.98 basis points to 4.0483%, a cumulative decline of 15.77 basis points for the week, showing an overall downward trend. The yield on the 2-year U.S. Treasury decreased by 5.45 basis points to 3.4014%, dropping to 3.3951% when the U.S. CPI inflation data was released at 21:30 Beijing time, marking a new low since 2022, with a cumulative decline of 9.62 basis points for the week; the yield on the 30-year U.S. Treasury fell by 3.75 basis points to 4.6953%, with a cumulative decline of 15.57 basis points for the week. The spread between the 2-year and 10-year U.S. Treasury yields increased by 0.477 basis points to +64.486 basis points, with a cumulative decline of 5.945 basis points for the week. The yield on the 10-year Treasury Inflation-Protected Securities (TIPS) fell by 2.41 basis points to 1.7551%, with a cumulative decline of 12.25 basis points for the week; the yield on the 2-year TIPS decreased by 0.59 basis points to 0.7077%, with a cumulative decline of 0.25 basis points for the week; the yield on the 30-year TIPS fell by 1.99 basis points to 2.4636%, with a cumulative decline of 12.01 basis points for the week