The entire market is scrambling for 30-year Treasury bonds, and there is still a potential recovery space of over 20 basis points at the ultra-long end

On April 13th, demand for 30-year Treasury bonds surged, with funds flowing to the long end. Data shows that the yield on 30-year Treasury bonds fell to 2.31%, while the 10-year Treasury bond yield was 1.81%. Short-end rates generally rose, steepening the yield curve. Traders pointed out that funds are shifting from the medium-short end to the ultra-long end, with potential recovery space for 30-year Treasury bonds exceeding 20 basis points. Market risks need to be approached with caution