美国债市：国债上涨 避险情绪冲击股市

Core Insights - Short-term and medium-term U.S. Treasury bonds experienced slight increases, while long-term bonds remained stable amid risk-off sentiment impacting the stock market [1][4] - The VIX index surged, enhancing demand for short-term Treasuries as many commodities erased gains [1][4] - A $44 billion 7-year Treasury auction attracted demand close to expectations [1][4] Treasury Yield Summary - As of 3:47 PM New York time, the 2-year Treasury yield was reported at 3.557% [5] - The 5-year Treasury yield was reported at 3.8123% [6] - The 10-year Treasury yield was reported at 4.2313% [7] - The 30-year Treasury yield was reported at 4.853% [8] - The yield spread between the 2-year and 10-year Treasuries was 67.228 basis points [8] - The yield spread between the 5-year and 30-year Treasuries was 103.888 basis points [9] Auction Details - The 7-year Treasury auction had a high yield of 0.4 basis points above pre-issue trading levels, with minimal market impact [1][4] - Primary dealers received 10.9% of the auction, above the recent average of 10.2% [1][4] - Direct bidders received 22.2%, below the average of 28% from the previous six auctions, while indirect bidders received 66.9%, above the average of 61.8% from the previous six auctions [1][4]