STOCKS | U.S. Treasury Yields Fall After ADP Report

According to Wallstreetcn, U.S. 10-year Treasury yields fell 1 basis point to 4.7881% on Wednesday, September 2, after a V-shaped reversal around the U.S. ADP employment report released at 20:15 UTC+8, trading between 4.8162% and 4.7660% during the day. Two-year Treasury yields fell 2.48 basis points to 4.731% and hit a daily low of 4.3586% at 20:21 UTC+8, while 30-year Treasury yields fell 1.27 basis points to 5.2603%; the 2/10-year Treasury yield spread rose 1.866 basis points to +41.080 basis points, 10-year TIPS yields were little changed at 2.4375%, 2-year TIPS yields rose 0.17 basis point to 1.9244%, and 30-year TIPS yields fell 1.43 basis points to 2.9864%.