US bond yields have all dropped, will the financial sector experience upheaval?
On July 22nd local time, US bond yields dropped across the board. The 2-year US bond yield fell by 2.31 basis points to 3.829%, the 3-year US bond yield dropped by 3.36 basis points to 3.777%, and the 5-year US bond yield fell by 2.99 basis points to3.883%, the yield on 10-year US Treasury bonds dropped by 3.17 basis points to 4.344%, while the yield on 30-year US Treasury bonds fell by 2.47 basis points to 4.918%.
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