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%.
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