The yield of US treasury bond bonds was boosted by data showing no large-scale layoffs. The number of people applying for unemployment benefits at the beginning of last week decreased from 242000 after revision to 227000, lower than the market estimate of 245000. The data supports the market's expectation that the Federal Reserve will gradually cut interest rates. The Chicago Mercantile Exchange's "Federal Reserve Watch" tool shows that the probability of a 25 basis point rate cut in November has increased from 92% yesterday to 97% now. The US dollar index has also slightly rebounded, with 10-year and 2-year Treasury yields rising slightly above pre data levels. (Golden Ten Data APP)