US Treasury yields fell as markets focused on economic growth and inflation risks.

According to ChainCatcher, citing Jinshi, US Treasury yields continued to decline from their highs as investors gradually shifted their focus to the risks to economic growth from the Middle East conflict and inflationary pressures. Soaring energy prices triggered inflation concerns, prompting the market to significantly lower its expectations for US interest rate cuts. Konstantinos Chrysikos of Kudotrade stated that a series of US economic data released this week will be crucial in shaping monetary policy expectations. Tradeweb data shows that the two-year US Treasury yield fell 2.3 basis points to 3.893%, and the 10-year yield fell 4 basis points to 4.4%.