Asian trading session, U.S. Treasury yields fell slightly across the board, mainly driven by expectations related to the nomination of Kevin Walsh as Federal Reserve Chairman. Erik Liem, an analyst at Deutsche Bank, pointed out that Trump's nomination of Walsh has strengthened market expectations—that the Federal Reserve may reduce its reliance on balance sheet measures in the future. At the same time, the U.S. Treasury maintained stable auction sizes, in line with market expectations, and officials stated that they are still evaluating the possibility of increasing the size of future auctions of notes, bonds, and floating rate bonds. $BTC
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