The Senate clears the obstacles to the stalemate, and the rebound in market risk sentiment drives up Treasury yields

According to Jinshi, the U.S. Senate has cleared a key hurdle, paving the way for a potential end to the government shutdown, which has boosted investor risk appetite and led to an increase in U.S. Treasury yields. This has weakened the demand for safe-haven assets such as government bonds.

According to data from Tradeweb, the yield on the U.S. two-year Treasury rose by 4 basis points to 3.596%; the ten-year yield increased by 3.7 basis points to 4.13%.