US Treasury Yields Plummet Following Trump's Tariff Announcement

In a dramatic response to President Donald Trump's latest tariff policies, the 10-year US Treasury note yield has fallen to its lowest point since October 2024, marking a significant moment in the financial markets.

Market Reaction: By 8:44 am ET, the benchmark 10-year note had decreased by 15.9 basis points, settling at 4.036%. This shift reflects growing investor concern over the potential economic impact of the new tariffs.

Long-Term and Short-Term Yields Also Affected

Not only did the 10-year yield drop, but the 30-year yield also saw a decrease of 10.5 basis points to 4.445%, and the 2-year note yield experienced a sharp decline of 14.2 basis points to 3.762%.