Group 1 - The U.S. Treasury yield curve steepened in the Asian morning session following Trump's removal of Lisa Cook from the Federal Reserve Board [1] - Independent market analyst Tina Teng noted that expectations for a Federal Reserve rate cut increased after Trump's social media post, leading to a rise in short-term U.S. Treasury prices [1] - Long-term bond prices fell, attributed to increased uncertainty in the U.S. economy [1]

Group 1 - The yield curve for U.S. Treasury bonds between the 2-year and 10-year maturities has flattened following the release of employment data, with the latest spread at 45.9 basis points, down from 49.1 basis points previously [1]

Core Viewpoint - The yield curve for two-year and ten-year U.S. Treasury bonds has slightly steepened, currently at 50.7 basis points [1] Group 1 - The two-year and ten-year U.S. Treasury bond yields have shown a minor increase in their spread, indicating a change in investor sentiment and expectations regarding future interest rates [1]

Core Insights - Moody's downgraded the U.S. government's credit rating from Aaa to Aa1, leading to a steepening of the U.S. Treasury yield curve due to the expanding budget deficit [1] Group 1 - The downgrade by Moody's reflects concerns over the increasing budget deficit in the U.S. [1] - Following the downgrade, the U.S. Treasury yield curve has become steeper, indicating rising yields on longer-term debt [1]

Core Viewpoint - The yield curve of U.S. Treasury bonds is flattening, with the 30-year Treasury yield decreasing by 6 basis points [1] Group 1 - The flattening of the yield curve indicates a potential shift in investor sentiment regarding long-term economic growth [1] - The decrease in the 30-year Treasury yield suggests a decline in long-term interest rates, which may impact borrowing costs and investment decisions [1]