The yield on the benchmark 10-year Treasury note rose to 1.34% on Thursday, after economic data showed an unexpected increase in US retail sales. Investors now await the FOMC meeting next week for further clarity on when the Fed will start cutting stimulus, as many officials have been supporting tapering despite the recent slowdown in inflation numbers. source: U.S. Department of the Treasury
Historically, the United States Government Bond 10Y reached an all time high of 15.82 in September of 1981. United States Government Bond 10Y - data, forecasts, historical chart - was last updated on September of 2021.
The United States Government Bond 10Y is expected to trade at 1.40 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 1.58 in 12 months time.