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On Friday at the closing bell in New York, the yield on the 10-year benchmark US Treasury bond fell by 1.18 basis points to 4.5578%. Prior to Fed Governor Waller's speech, it hit a daily low of 4.5241% at 21:16 Beijing time. After Waller's speech, it rebounded and hit a daily high of 4.5837% at 22:50. Kevin Warsh stabilized at highs before and after being sworn in as Chairman of the Federal Reserve at 00:00, with a cumulative decline of 3.55 basis points this week, trading overall between 4.6853% and 4.5241%. The yield on the two-year US Treasury bond rose by 3.79 basis points to 4.1210%. Prior to the opening of the US stock market, it hit a daily low of 4.0505%. After Warsh's speech, it continued to rise and hit a daily high of 4.1423% at 00:05. This week, it rose by 5.22 basis points, having dipped to 4.0085% on May 20 at 23:00.
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