The yield on the US 10-year Treasury note fell to around 3.93% on Monday, marking its lowest level since September 2024 as the escalating Middle East conflict drove demand for safe-haven bonds. The US and Israel carried out military strikes on Iran over the weekend that resulted in the death of Iran’s Supreme Leader, Ayatollah Ali Khamenei, and the effective closure of the Strait of Hormuz. Tehran retaliated by targeting US assets across the region, raising fears of a broader conflict. Meanwhile, data on Friday showed US producer prices rose more than expected in January, indicating companies are passing tariff costs to consumers and complicating the path for Federal Reserve rate cuts. Still, markets are pricing in two 25-basis-point rate cuts this year amid speculation that the recent market turmoil could push the central bank toward easing monetary policy.
The yield on US 10 Year Note Bond Yield rose to 3.98% on March 2, 2026, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has fallen by 0.29 points and is 0.18 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the US 10 Year Treasury Note Yield reached an all time high of 15.82 in September of 1981. US 10 Year Treasury Note Yield - data, forecasts, historical chart - was last updated on March 2 of 2026.
The yield on US 10 Year Note Bond Yield rose to 3.98% on March 2, 2026, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has fallen by 0.29 points and is 0.18 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The US 10 Year Treasury Note Yield is expected to trade at 3.93 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3.72 in 12 months time.