美国国债：收益率跌至低点，投资者追逐避险资产

Core Viewpoint - The 5-year U.S. Treasury yield has dropped to its lowest point in a year, driven by investor uncertainty regarding regional banks and trade tensions, leading to a flight to safety [1] Group 1: Treasury Yield Movements - The 5-year U.S. Treasury yield fell by 3 basis points to 3.51%, marking the lowest level since early October 2024 [1] - The 2-year U.S. Treasury yield has also reached its lowest point since 2022, while the benchmark 10-year Treasury yield has dipped below 4% [1] Group 2: Market Reactions - Strategists indicate that the rise in U.S. Treasury prices reflects a pursuit of safe-haven assets, as credit-related challenges have heightened uncertainty in the market [1] - There is a subconscious market reaction to the increasing uncertainty surrounding credit conditions [1]