The Zhitong Finance App learned that US Treasury yields fell from their highest level since 2002, as oil prices fell below $100 per barrel, and US Treasury Secretary Scott Bessent insisted that the government debt burden could be controlled. The 10-year and 30-year US Treasury yields fell 3 basis points and 4 basis points, respectively, to 5.27% and 5.63%, while 2-year Treasury yields remained essentially flat. Crude oil prices retreated on Tuesday as there were signs that more crude oil supplies were passing through the Strait of Hormuz.

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