Gold Finance reported that U.S. Treasury bonds rose, with 10-year Treasury yields falling 10 basis points as traders increased their bets on the Fed's interest rate cut and Donald Trump's tariff plan suppresses risk appetite. The 10-year U.S. Treasury yield fell below 4.30%, the lowest level in more than two months. The money market has hinted that the Fed will further relax its monetary policy, fully digesting the Fed's expectations of two 25 basis points cuts this year for the first time in four weeks. The 10-year U.S. Treasury yield hit a new low this year in the past week as investors are increasingly confident that the U.S. economy is weakening and interest rate cuts will restart.