<div id="readability-page-1">* US Treasury investors consolidating positions * Tariff outcome priced in, including Trump's subsequent action * US 2/10 yield curve hits flattest level since December 10 * US rate futures still see two rate cuts this year By Gertrude Chavez-Dreyfuss NEW YORK, Feb 23 (Reuters) - U.S. Treasuries rose on Monday as investors consolidated positions following a selloff in the previous session after the Supreme Court rejected President Donald ​Trump's sweeping use of emergency powers to impose tariffs. U.S. government bonds had ‌tumbled on Friday, with market participants moving away from Treasuries on concerns that refunding tariff revenue to businesses could widen the fiscal deficit and force the Treasury to increase ⁠issuance of debt. Friday's selling of Treasuries pushed two-year yields to their largest weekly increase in 2-1/2 months. The benchmark 10-year ⁠yield, on the other hand, logged their biggest weekly rise in more than a month. On ‌Monday, that selloff has reversed ‌as investors grabbed Treasuries, shunning risk overall, given renewed uncertainty on the administration's trade policy. &#34;There's still some digestion of everything that happened last Friday. So what's happening today ​is not so much pricing in anything new from Friday, but just ‌more consolidation until maybe the next big data report,&#34; said Will Compernolle, macro strategist at FHN Financial in Chicago. &#34;A lot of these tariff implications were already priced in. Most people were expecting the tariffs ​to be overturned ... and they were also expecting that the President ​would try ‌to implement them through other legal channels.&#34; The Trump administration has not provided tariffs collection data since December 14. But Penn-Wharton Budget Model economists estimated on Friday that the amount collected in Trump's tariffs based on the International Emergency Economic ⁠Powers Act stood at more than $175 billion. Trump said on Saturday he would raise a temporary tariff from 10% to ⁠15% on U.S. imports from all countries, the maximum level allowed under the law. In late morning trade, U.S. 10-year yields fell 3.7 basis points (bps) to 4.048%, while U.S. 30-year yields were down 2.4 bps at 4.701%. On the front end of the curve, the two-year yield, which reflects interest rate expectations, was down 1.5 bps at 3.468% . U.S. Treasuries also caught a bid in the midst ⁠of U.S.-Iran tensions, ‌analysts said. The U.S. has built up one of its biggest military deployments in the Middle ‌East, with Trump warning on Thursday that &#34;really bad things will happen&#34; if no deal is reached to solve a longstanding dispute over ⁠Tehran's nuclear program. Iran has threatened to strike U.S. bases in the region if it is attacked. In other parts of the bond market, the yield curve flattened on Monday in the wake of the Supreme Court ruling and Trump's tariff plan to impose 15% tariffs on all global imports into the United States. The spread between two-year and 10-year yields narrowed to 53.60 bps, the smallest gap since December 10. It was last at 58.4 bps, compared with 60.3 bps late on Friday, flattening for nine straight sessions. The curve showed a bull-flattening move, with long-term rates falling ​faster than short-term yields, a pattern that typically signals flight-to-quality trades. U.S. rate futures on Monday priced in about 56 bps of easing this year or roughly two rate cuts of 25 bps each. That was roughly steady from last Friday. Treasury yields, meanwhile, ​modestly extended their decline after data showed U.S. factory orders ‌fell 0.7% in December, a deeper contraction than the 0.6% slide that Wall Street economists ​expected. (Reporting by Gertrude Chavez-Dreyfuss Editing by Nick Zieminski)</div>

道富SPDR彭博1-3个月美国国债ETF

富国中债7-10年政策性金融债ETF

鹏扬中债-30年期国债ETF

20 年期以上美国国债 ETF - iShares

20 年期以上美国国债 3 倍做多 ETF - Direxion

美国中期国债 ETF - iShares

1-3年 美国国债 ETF - iShares

7-10 年美国国债 ETF - iShares

美国短期国债指数 ETF - iShares

美国国债上涨，因为投资者在特朗普的关税权力被最高法院拒绝后重新评估风险。收益率曲线趋平，两年期收益率降至 3.468%，十年期收益率为 4.048%。分析师指出，市场在贸易政策和美伊紧张局势的不确定性中整固头寸。利率期货显示出今年预计将有两次降息，而 12 月份的工厂订单下降了 0.7%，超出预期。总体而言，市场正在消化近期的发展，并等待进一步的数据

TREASURIES-US bonds rally as investors reassess risks after tariff-driven selloff

fidelity

在投资者重新评估因关税引发的抛售风险后，美国国债出现反弹