U.S. Treasury Yields Rise as Nasdaq Hits Six-Month Low

U.S. Treasury yields have increased, with the yield spread showing varied developments. According to Ming Pao, the spread between the 3-month and 10-year U.S. Treasury yields has reached its widest point in over three years. Meanwhile, the Golden Dragon Index has fallen to an 11-month low. In response to these changes, U.S. stock markets have experienced a downturn, with the Nasdaq reaching a six-month low.