US 10-Year Yield Falls to 3-Month Low

2026-02-23 16:54 By Andre Joaquim 1 min. read

The yield on the 10-year US Treasury note fell to 4.03% on Monday, the lowest in nearly three months, as fresh concerns of AI displacement in the economy and uncertain trade policy by the White House drove markets to pivot toward safer assets.

Sharp declines for equities in the software services and payments spaces reflected renewed concerns that advancing AI technologies is due to displace industries in an unpredictable manner, forcing funds to pivot toward Treasuries.

This was magnified by reports that major European and Asian economies considered suspending the implementation of trade deals struck with the US as the Presidential Administration attempted to reintroduce tariffs through different schemes of economic emergency on the balance of payments.

The move followed the SCOTUS strike-down of IEEPA tariffs on Friday.

Still, yields of shorter maturities fell relatively less as markets pushed back bets on a rate cut by the Federal Reserve.



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