US Treasury Yields Hit Lowest Since October

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

Market Reactions: 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, settling at 4.445%, while the 2-year note yield experienced a sharp decline of 14.2 basis points to 3.762%.