Odaily News As the U.S. government shutdown enters its second week, U.S. Treasury yields are rising, with particularly noticeable increases in long-term yields. As a result of the shutdown, official U.S. data (including the crucial non-farm payroll report that was scheduled to be released last week) has not yet been published. Other employment data released last week showed mixed results.

This week's market focus will shift to the Federal Reserve meeting minutes to be released on Wednesday, in search of clues regarding the pace of interest rate cuts. Deutsche Bank analysts pointed out in a report that the 10-year and 30-year Treasury auctions held on Wednesday and Thursday will also serve as a "good test of market demand for the current Federal Reserve and government policies."

Data shows that the 10-year U.S. Treasury yield rose 3 basis points to 4.152%, and the 30-year yield rose 4.5 basis points to 4.759%. ( Jin10 )