7/20/2021 1:23:22 AM GMT | By Anil Panchal US 10-year Treasury yields snap four-day downtrend near the lowest levels since February. Chatters over US infrastructure bill help trigger the corrective pullback. Delta covid variant, US-China tussles and reflation fears keep bond buyers hopeful. US Housing data, risk catalysts will be the key drivers. US bond bears catch a breather following the heaviest fall since November 2020 amid the Asian session on Tuesday. That said, the 10-year Treasury yields add 2.6 basis points (bps) to 1.207% by the press time. While corrective pullback amid a light calendar could best describe the latest moves of the US bonds, updates over the US President Joe Biden’s infrastructure bill add to the profit booking moves. US Senate Majority Leader Chuck Schumer said, “Procedural vote on infrastructure bill will take place on Wednesday,” giving the much-needed relief to the markets even as he also said, “Wednesday not a deadline for every detail of the bill.”