PANews reported on March 27 that according to Jinshi, although the US data showed that the economy was experiencing a high degree of policy uncertainty, the US Treasury yields still lost upward momentum. The number of first-time weekly unemployment claims in the United States fell from an upwardly revised 225,000 to 224,000, a sign of the resilience of the labor market. The US gross domestic product (GDP) in the fourth quarter was revised to grow by 2.4%, while the market had expected the data to remain unchanged at 2.3%. The price indicators in the GDP report weakened. The market is also digesting the news that Trump announced a 25% tariff on imported cars. The yield on the 10-year US Treasury bond is 4.369%, and the yield on the 2-year Treasury bond is 4.006%, both of which are slightly lower than the level before the data was released.
U.S. employment and GDP data are improving, but U.S. bond yields are falling instead of rising under the shadow of policies and tariffs
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