The yield on the 10-year Treasury, which affects consumer interest rates and global financial markets, has risen a full percentage point since September, even as the Fed has cut interest rates by the ...
Treasury yields finished lower in Thursday’s abbreviated trading session, with the bond market shutting early in observance of a national day of mourning to honor former President Jimmy Carter.
The benchmark 10-year U.S. Treasury yield fell 0.45 basis points to 4.689%. It had hit a peak of 4.73% on Wednesday, the highest since April 2024. The pound headed for its biggest three-day drop in ...