Non-farm data weaker than expected, U.S. Treasury yields fall

ChainCatcher news, according to Jinshi reports, U.S. Treasury yields fell after data showed that new jobs in the U.S. in August were far below expectations, reinforcing market expectations that the Federal Reserve will resume rate cuts at its policy meeting this month. The U.S. two-year Treasury yield, which reflects interest rate expectations, fell by 6.2 basis points to 3.529%; the benchmark 10-year Treasury yield dropped by 6.7 basis points to 4.109%.