US 10-Year Treasury Yield Little Changed

2026-01-06 15:42 By Joana Taborda 1 min. read

The yield on the US 10-year Treasury note was little changed at 4.17% on Wednesday, hovering just below the four-month high of 4.19% reached on Friday.

Investors were assessing geopolitical developments in Venezuela while also focusing on a slate of key economic data that offers clearer insight into the health of the US economy and helps shape expectations for the Fed's policy.

Recent data have pointed to some softening in economic momentum: the ISM Manufacturing PMI came in below forecasts, signalling the sharpest contraction in the factory sector since 2024, while the S&P Global Services PMI was revised lower, indicating further weakness in the sector.

Richmond Fed President Barkin said monetary policy will require “finely tuned judgments” going forward and Governor Miran said the US central bank will need to cut interest rates by more than 50bps in 2026.

Money markets are currently pricing in two quarter-point interest rate cuts by the Fed this year.



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