The medium to long-term US Treasury bond yield rose by more than three basis points.

On Wednesday, the US 10-year Treasury yield rose by 3.16 basis points to 4.2795% at the end of the New York session, continuing to trend higher. At 00:07 Beijing time, it hit a new daily high of 4.2914%. The 2-year US Treasury yield rose by 1.65 basis points to 3.7614%, while the 30-year Treasury yield increased by 3.04 basis points to 4.8907%. The 2/10-year Treasury yield spread widened by 1.722 basis points to +51.602 basis points. The 10-year Treasury inflation-protected securities (TIPS) yield rose by 1.41 basis points to 1.8775%, the 2-year TIPS yield increased by 0.96 basis points to 0.8427%, and the 30-year TIPS yield went up by 1.41 basis points to 2.6359%.