美国国债价格稳定但波动指标上升，10年期收益率4.08%

Core Viewpoint - US Treasury prices remained stable on November 13, following the longest government shutdown in history, with the 10-year Treasury yield holding firm at 4.08% [1] Group 1: Market Conditions - The ICE BofA MOVE Index, which measures bond market volatility, rose to its highest level in a month, indicating potential for significant future fluctuations [1] - Investors in the $30 trillion market are awaiting government reports for clues on the Federal Reserve's interest rate direction in its final meeting of the year [1] Group 2: Federal Reserve Expectations - There is a divergence in the monetary market regarding expectations for a 25 basis point rate cut by the Federal Reserve next month [1] - A senior European interest rate strategist from ING noted that the market's uncertainty about the Fed's next steps could lead to increased volatility in response to new inflation and employment data [1]