The US Treasury bond yields have risen this Thursday after the publication of the first quarter GDP in the US showed a greater-than-expected slowdown in the country's economy, as well as a rebound in consumer prices. Specificthe benchmark 10-year Treasury yield has risen to 4.702%, its highest level since November 2 of last year, while the yield on the 2-year note has increased to 4.995%, a level not seen since November 14. According to the preliminary estimate published by the Bureau of Economic Analysis (BEA), The first economy in the world grew in the first quarter of the year at a rate of 1.6%, well below the consensus estimate, which stood at 2.5%. So, The US economy has slowed sharply in just two quarters: In the fourth quarter of 2023 it grew by 3.4% compared to 4.9% in the third quarter of last year. In addition, the price index of gross domestic purchases increased by 3.1% in the first quarter, compared to an increase of 1.9% in the fourth quarter. The personal consumption expenditure (PCE) price index rose 3.4%, down from an increase of 1.8%. Excluding food and energy prices, the PCE price index rose 3.7%, compared to an increase of 2.0%.