Core Insights - The U.S. economy showed signs of recovery in Q2, with GDP growth of 3% compared to a contraction of 0.5% in Q1 [1] - Consumer spending increased by 1.4%, marking the weakest performance in two consecutive quarters since the pandemic [1] - Net exports contributed positively to GDP growth, adding 5 percentage points, reversing the previous three months' negative impact [1] Economic Activity - The rebound in economic activity was attributed to a slight recovery in consumer spending and a decrease in the import surge that had previously inflated [1] - Business investment growth has also slowed down, indicating a cautious outlook among companies [1] Market Reaction - Following the release of the Q2 GDP report, U.S. Treasury prices fell, and the yield on the benchmark 10-year Treasury note rose by approximately 3 basis points to 4.35% [1]