US 10 Year Treasury Note Yield at 4.65percent

2026-08-14 12:53 By Andre Joaquim 1 min. read

The yield on the 10-year US Treasury note was at 4.65% on Friday, dropping after testing 19-month highs of 4.75% on Tuesday as recent economic data limited the urgency for the Federal Reserve to raise interest rates.

Producer prices were firmly under expectations in July and consumer inflation slowed for a second consecutive month, suggesting that the rebound in energy prices had limited impact on higher price growth.

In turn, retail sales unexpectedly contracted in the period, driving part of the market to consider momentary weakness for consumers.

Still, the drop in yields were more muted in the longer end of the curve as lingering risks on energy supply maintained inflationary risks in the near term.

This was magnified by the trend of a weakening Japanese yen, risking selling pressure from the largest foreign holder of US Treasury notes should the country intervene in the foreign exchange market.

Such concerns were reflected by a a sharp tail in the latest 30-year bote auction.



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US 10 Year Treasury Note Yield at 4.65percent
The yield on the 10-year US Treasury note was at 4.65% on Friday, dropping after testing 19-month highs of 4.75% on Tuesday as recent economic data limited the urgency for the Federal Reserve to raise interest rates. Producer prices were firmly under expectations in July and consumer inflation slowed for a second consecutive month, suggesting that the rebound in energy prices had limited impact on higher price growth. In turn, retail sales unexpectedly contracted in the period, driving part of the market to consider momentary weakness for consumers. Still, the drop in yields were more muted in the longer end of the curve as lingering risks on energy supply maintained inflationary risks in the near term. This was magnified by the trend of a weakening Japanese yen, risking selling pressure from the largest foreign holder of US Treasury notes should the country intervene in the foreign exchange market. Such concerns were reflected by a a sharp tail in the latest 30-year bote auction.
2026-08-14
US 10-Year Yield Holds Decline
The 10-year US Treasury yield hovered around 4.65% on Friday, holding a recent decline as softer-than-expected inflation data led investors to reduce expectations for a Federal Reserve rate hike in September. Figures released Thursday showed US producer prices were flat in July, reinforcing Wednesday’s subdued CPI report and suggesting that inflationary pressures remain contained. As a result, the Fed faces less urgency to tighten monetary policy in the near term, with markets now assigning around a 35% probability to a 25 basis point rate increase in September, compared with 55% a week earlier. The data also indicated that the initial inflationary effects of the Middle East conflict and higher energy prices could be losing momentum. Still, uncertainty surrounding efforts to end the conflict and reopen the Strait of Hormuz remains a key risk to the inflation outlook.
2026-08-14
US 10-Year Yield Holds Pullback
The yield on the 10-year US Treasury note eased to 4.66% on Thursday, pulling back further since testing 19-month highs of 4.75% two sessions prior after the release of soft producer price data. Producer prices were unchanged from the previous month in July, below expectations of a 0.2% increase, and aligning the tame signals from consumer inflation data the previous session. The data consolidated the view that current inflation levels do not warrant a rate hike by the Federal Reserve next month. Still, the drop in yields were more muted in the longer end of the curve as lingering risks on energy supply maintained inflationary risks in the near term. This was magnified by the trend of a weakening Japanese yen, risking selling pressure from the largest foreign holder of US Treasury notes should the country intervene in the foreign exchange market. Such concerns were reflected by a tail in the latest 10-year note auction.
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