U.S. Treasury yields fell ahead of the release of U.S. data

ChainCatcher news, U.S. Treasury yields fell in afternoon trading in Asia, with the upcoming ISM index and employment market data potentially supporting expectations for a rate cut by the Federal Reserve this year.

Helaba analysts stated in a report: "Speculation about rate cuts is unlikely to weaken before the end of this week." The decline in yields was driven by long-term government bonds, leading to a flattening of the yield curve after it steepened the previous day. (Jin Ten)