Under the background of the Federal Reserve's shutdown, the supply of US debt has been well absorbed by the market
2025-10-10 06:23:40
Interest rate strategists at Socie ́ te ́ Ge ́ ne ́ rale said in a report that despite the US government shutdown, the focus of the market remains on the supply of US Treasuries, which has been well absorbed by the market. They pointed out that US Treasury yields have been trading in a narrow range, while swap spreads have continued to widen. According to Tradeweb, US Treasury yields fell during Asian trading hours, with two-year yields falling 1.2 basis points to 3.586 per cent, while 10-year and 30-year yields both fell 1.9 basis points to 4.128 per cent and 4.714 per cent respectively.
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