<p>At the New York closing on Tuesday (August 13th), the yield on the 10-year US Treasury benchmark bond fell by 5.32 basis points to 3.8503%, trading in the range of 3.9226% to 3.8465% during the session.
The yield on the 2-year US Treasury bond fell by 7.75 basis points to 3.9398%, trading in the range of 4.0271% to 3.9356% during the session. After the release of US PPI data at 20:30 Beijing time, it dropped from the 4% integer level to around 3.95%</p>

<p>The 2-year US Treasury yield fell by about 8 basis points, and the US PPI data boosted market expectations for the Fed's interest rate cut</p>

The 2-year US Treasury yield fell by about 8 basis points, as the US PPI data boosted market expectations for a rate cut by the Federal Reserve