The long-term US Treasury bond yields generally fell by about 10 basis points, with the US economic data weak and the drop in oil prices bringing a double blow.

On Wednesday, the New York closing, the yield on the benchmark 10-year US Treasury bond fell by 9.86 basis points to 4.3552%. It traded near a high of 4.46% during the day until 20:00 Beijing time, then started to decline rapidly after the release of ADP employment data at 20:15, hitting a daily low of 4.3473% at 00:52. The yield on the 2-year US Treasury bond dropped by 8.46 basis points to 3.8665%, trading within a range of 3.9676% to 3.8562% during the day. The yield on the 20-year US Treasury bond fell by 10.61 basis points to 4.8812%, while the yield on the 30-year US Treasury bond dropped by 10.35 basis points to 4.8775%.