The yield on US 10-year government bonds were down at 0.66% on Thursday after the Treasury saw good demand for a record $38 billion auction of 10-year notes the day before. Yields got as high as 0.691% before the auction, the highest since July 7th. Investors now await the resumption of talks on a new coronavirus stimulus package as White House negotiators and congressional Democrats remain divided on key issues.
Historically, the United States Government Bond 10Y reached an all time high of 15.82 in September of 1981. United States Government Bond 10Y - data, forecasts, historical chart - was last updated on August of 2020. source: U.S. Department of the Treasury
The United States Government Bond 10Y is expected to trade at 0.68 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 0.74 in 12 months time.