On Friday (May 8), at the close of trading in New York, the U.S. 10-year benchmark Treasury yield fell by 3.19 basis points to 4.3541%. Over the week, it dropped a total of 1.57 basis points, continuing its downward trend and trading within a range of 4.4624% to 4.3140%.
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The yield on the two-year U.S. Treasury fell by 2.66 basis points to 3.8846%. At 20:30 Beijing time, when the U.S. non-farm payrolls report was released, it surged to a new daily high of 3.9262%, then quickly turned lower. Over the week, it rose by a total of 0.71 basis points, trading overall in the 3.8220%-3.9913% range.
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