Golden Finance reported that the 30-year U.S. Treasury bond yield once climbed 5 basis points to around 4.86% on Monday, hitting the highest level since November 2023. Investors began to get a first taste of the impact that Trump’s coming to power may have on financial markets in the coming months. caused turmoil. The pressure to expand the bond market has had a certain impact on the market, with weak subscription demand for the first batch of treasury bonds issued by the Ministry of Finance this week. U.S. Treasuries have come under pressure in recent weeks on concerns that Trump's policies will push up inflation. The dollar fell on Monday and Treasuries recovered some ground after the Washington Post said Trump's aides were considering narrowing the scope of his tariff plan, as markets believed the move would weaken inflation concerns. But with Trump's denial, market trends quickly reversed. Gregory Peters, co-chief investment officer of fixed income at PGIM, said in a TV interview, "There are a lot of bonds in the market, and there is a continuous supply. Coupled with the fact that inflation may be more sticky or fall and rise again, these are putting pressure on the bond market."