The two-year U.S. Treasury yield fell by 2.7 basis points, and Powell hinted at another rate cut opportunity before the October monetary policy meeting

On Tuesday (October 14), at the end of trading in New York, the yield on the U.S. 10-year Treasury bond fell by 1.35 basis points to 4.0187%. During the day, it showed an M-shaped trend, reaching 4.0668% at the beginning of the Asia-Pacific session after the long weekend (U.S. bonds were closed on the 13th), and then fluctuated lower, refreshing the daily low to 3.9976% at 18:09 Beijing time.

The yield on the 2-year U.S. Treasury bond fell by 2.71 basis points to 3.4744%.

The yield spread between the 2-year and 10-year U.S. Treasury bonds increased by 1.566 basis points to +54.423 basis points.

The yield on the 10-year Treasury Inflation-Protected Securities (TIPS) rose by 0.52 basis points to 1.7133%; the yield on the 2-year TIPS rose by 0.69 basis points to 0.9823%; the yield on the 30-year TIPS rose by 0.86 basis points to 2.3961%