The two-year U.S. Treasury yield fell by more than 1 basis point, significantly plummeting when the U.S. CPI data was released

On Tuesday (January 13), at the close in New York, the yield on the 10-year U.S. Treasury bond fell by 0.78 basis points to 4.1674%. When the U.S. CPI was released at 21:30 Beijing time, it plummeted from around 4.19% to 4.1477%, refreshing the daily low. The yield on the 2-year U.S. Treasury bond fell by 1.23 basis points to 3.5220%; the yield on the 30-year U.S. Treasury bond remained flat at 4.8273%. The yield spread between the 2-year and 10-year U.S. Treasury bonds increased by 0.447 basis points to +64.326 basis points, and when the CPI data was released, it dropped to +61.816 basis points, refreshing the daily low, and then quickly rebounded to +65.727 basis points, refreshing the daily high. The yield on the 10-year Treasury Inflation-Protected Securities (TIPS) fell by 1.583 basis points to 1.8399%; the yield on the 2-year TIPS fell by 0.09 basis points to 1.0151%; the yield on the 30-year TIPS fell by 0.51 basis points to 2.5801%