The two-year U.S. Treasury yield drops by 2 basis points in the short term, falling below 3.69%.

The 2-year U.S. Treasury yield falls 2 basis points in the short term, dropping below 3.69%. Spot gold holds steady below $4,900. The U.S. dollar index keeps a 0.2% gain. The Federal Reserve stays on hold, and Governor Milan calls for rate cuts.

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