10-Year Treasury Yield Little Changed at 4.3%, Close to 3-Week Lows

2026-04-10 12:59 By Joana Taborda 1 min. read

The yield on the US 10-year Treasury note was little changed around 4.3% on Friday, hovering close to three-week lows, as investors continued to monitor developments in the Middle East and assess the latest US CPI report.

US and Iranian delegations are set to meet in Pakistan on Saturday, while Israel has agreed to hold talks with Lebanon’s government, raising hopes of de-escalation in the region.

The impact of the war with Iran is already being reflected in US inflation data.

Consumer prices rose 0.9% in March, the largest monthly increase since June 2022, pushing the annual rate to 3.3%, the highest since May 2024 and in line with expectations.

Core CPI, however, rose more modestly to 2.6% from 2.5%, suggesting that the full impact of the oil shock has yet to pass through to underlying inflation.

Investors currently see little chance of another interest-rate cut by the Fed in 2026 and many economists are maintaining forecasts for one or more reductions later in the year.



News Stream
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