According to Jinshi Data, U.S. Treasury yields fell after data showed that the number of new jobs in the United States in July was lower than expected, boosting expectations that the Federal Reserve will cut interest rates several times this year. The yield on the 10-year U.S. Treasury bond fell to 3.79%, the lowest since December last year. The yield on the two-year U.S. Treasury bond fell below 4% for the first time since May 2023.