Treasury Yields Move Lower

2025-11-21 14:18 By Joana Taborda 1 min. read

The yield on the US 10-year Treasury note fell to 4.06%, its lowest level since late October, as traders boosted bets on a Fed rate cut next month following remarks from the NY Fed President.

John Williams said he still sees “room for a further adjustment in the near term to the target range for the federal funds rate to move the stance of policy closer to the range of neutral".

Governor Miran also said recent data is pushing in dovish direction.

On the other hand, Dallas Fed President Logan struck a more cautious tone, saying she would “find it difficult to cut rates again in December unless there is clear evidence that inflation will fall faster than expected or that the labor market will cool more rapidly”.

The probability of a December rate cut has surged to around 71%, up sharply from below 30% earlier in the week.

The 10-year yield is on track for its largest weekly decline since the week ending October 10.



News Stream
US 10-Year Treasury Yield Hovers Near Two-Month Lows
The yield on the US 10-year Treasury note fell to 4.83% on Thursday, hovering near two-month lows, as a sharp equity market sell-off triggered a flight to safety. Investors continued to scale back exposure to technology stocks amid concerns over the potential implications of a Democratic blue wave for AI and data centre investment. Following the midterm election results, the 10-year yield had already declined by around 8bps in the previous session. Meanwhile, investors are turning their attention to Friday’s US jobs report for further clues about the health of the labour market. Recent data painted a mixed but relatively resilient picture, with private businesses adding 86K jobs in October, according to ADP, while initial jobless claims fell to their lowest level in 57 years. In addition, third-quarter productivity growth came in stronger than expected. Against this backdrop, markets are pricing in an approximately 75% probability of a 25bps Fed rate hike next month.
2026-11-05
US 10Y Bond Yield Hits 8-week Low
US 10 Year Government Bond Yield decreased to 4.83%, the lowest since September 2026. Over the past 4 weeks, US 10 Year Note Bond Yield lost 44.10 basis points, and in the last 12 months, it increased 76.00 basis points.
2026-11-05
US 10-Year Treasury Yield Up to 4.9%
The yield on the US 10-year Treasury note edged higher to 4.9% on Thursday, recovering slightly after falling around 8bps in the previous session. The decline followed the Democratic sweep of Congress in the US midterm elections, which eased some political uncertainty and raised expectations of lower federal spending, tax cuts and a potential diplomatic resolution to the conflict with Iran. Meanwhile, investors are looking ahead to Friday's jobs report for further insight into the health of the US labour market. Recent data showed that private businesses added 86,000 jobs in October, according to the ADP report, while initial jobless claims fell to their lowest level in 57 years. Additionally, third-quarter productivity growth came in stronger than expected. Against this backdrop, markets are pricing in an approximately 83% probability of a 25bps Fed rate hike next month, with a further increase also anticipated in 2027.
2026-11-05