Economy

US 10-Year Treasury Yield Plummets to October Lows Amid Trump's Tariff Announcement

US Treasury Yields Hit New Lows Following Tariff News

The 10-year US Treasury note yield experienced a significant drop, reaching 4.04% on Thursday morning. This marks the lowest level since October 2024, as investors digest the implications of US President Donald Trump's sweeping new tariffs.

Market Reactions to the Yield Drop

By 8:44 am ET, the benchmark 10-year note had decreased by 15.9 basis points to 4.036%. In parallel, the 30-year yield saw a reduction of 10.5 basis points to 4.445%, and the 2-year note yield fell sharply by 14.2 to 3.762%.