Market Reacts to New Tariffs

In a significant market movement, the 10-year US Treasury note yield fell to 4.04% on Thursday morning, marking its lowest point since October 2024. This drop comes as investors digest the implications of US President Donald Trump's latest tariff policies.

Detailed Yield Movements

By 8:44 am ET, the benchmark 10-year note had decreased by 15.9 basis points to 4.036%. The 30-year yield wasn't spared, dropping 10.5 basis points to 4.445%, while the 2-year note yield saw a sharp decline of 14.2 basis points to 3.762%.