US treasury bond bond yield rises and the curve becomes steeper

Odaily Planet Daily News The yield of US treasury bond bonds continued to rise in early European trading, dragged down by the long-term bonds before the announcement of the results of the Federal Reserve's interest meeting on Wednesday. Pimco economist Tiffany Wilding said in a report that the latest employment data in the United States is constraining the Federal Reserve, and it is expected that the Fed will not cut interest rates before later this year. Once the data shows a significant slowdown or contraction in the labor market, interest rate cuts will occur. (Golden Ten)