Many stocks of non-ferrous metal futures fell more than 5% in intraday trading.

Today, the three major A-share indexes fell collectively, led by non-ferrous metals. The non-ferrous metal plate opened lower in early trading, with many stocks down more than 5%. Only 12 of the 8 stocks were red. By around 14:30, non-ferrous metals were down 2.6 per cent.

In terms of futures, the non-ferrous metals market also fell collectively today, with Shanghai Tin leading the decline of more than 4%, Shanghai lead and Shanghai Nickel down more than 2%. Rising economic expectations and inflation concerns pushed US bond yields to their highest levels since the outbreak, helping to boost the dollar. Us bond yields have risen sharply and US stocks have tumbled, commodity bulls have cooled significantly, and most metals have pulled back again. In addition, the recent price rise is too fast, some metal spot water into a discount state, downstream acceptance will is obviously insufficient, the follow-up need to continue to pay attention to the metal downstream recovery.

Us bond yields rose sharply yesterday, with 10-year yields hitting an one-year high of 1.61 per cent. The five-year yield rose above 0.75%, a key level expected to accelerate the decline in Treasury prices as a warning sign in the eyes of some strategists, while traders advanced expectations that the Fed would start raising interest rates. The dollar index shrugged off its recent lows on Friday, rising to 90.48 at one point, but fell back in the morning and continued to rise to its morning high in the afternoon.