The 10-year US Treasury yields have fallen below 4% for the first time since August, following the Fed's indication of upcoming rate cuts. The 2-year and 30-year yields also experienced significant declines, reaching their lowest levels since June and July respectively. This drop in yields reflects the market's anticipation of rate cuts in 2024, with the 10-year Treasury yield hitting a low of 3.87% recently. The Federal Reserve's policy shift has led to a global bond rally, with the UK inflation data contributing to the decline in yields. The iShares 20+ Yr Treasury ETF has seen a substantial gain, reflecting the strong performance of USA government bonds.
10 yr Treasury yield hit a low of 3.87% so far today...it was as high as 5.02% on 10/23/23. The iShares 20+ Yr Treasury ETF $TLT was as low as $82.42 on that same day...it's currently $99.38 premarket...a gain of 21% in that span. Stock like returns for USA government bonds 🤔 https://t.co/pqYSp0z8uB
* US 10-YEAR TREASURY YIELDS FALL TO 3.872%, LOWEST SINCE JULY 27 @reuters
#TreasuriesToday: Yields lower by 4bp-7bp in global bond rally paced by gilts (UK inflation data). 10Y reached lowest level since July (3.88%), other tenors still inside past week's ranges. $13b 20Y reopening (1st) at 1pm. WI yield 4.19% lower than 20Y auction stops since July.
🇺🇸 U.S. 10-YEAR TREASURY YIELD FALLS TO 3.88%, LOWEST SINCE JULY 27
⚠️BREAKING: *U.S. 10-YEAR TREASURY YIELD FALLS TO 3.88%, LOWEST SINCE JULY 27 🇺🇸🇺🇸 https://t.co/j49E0wNz1y
⚠️BREAKING: *U.S. TREASURY YIELDS SLIP FURTHER TO REACH LOWEST SINCE AUGUST ON RATE CUT BETS 🇺🇸🇺🇸 https://t.co/lwkiIVcVJj
The US 30-year yield fell below 4% to the lowest level since July as bond investors continued to assess the implications of the Federal Reserve’s recent policy shift https://t.co/BrvV4nnRQJ
*TREASURY 30-YEAR YIELD FALLS BELOW 4%, LOWEST SINCE JULY
Huge move lower in Treasury yields over the past 2 months as the market starts pricing in 2024 rate cuts... 1-Year: 5.49% --> 4.90% (-59 bps from Oct high) 2-Year: 5.19% --> 4.37% (-82 bps from Oct high) 10-Year: 4.98% --> 3.92% (-106 bps from Oct high) https://t.co/HSiMB5BOWk
US 30-YEAR YIELD FALLS MORE THAN 15BPS ON DAY TO 4.02%
*US 30-YEAR YIELD FALLS MORE THAN 15BPS ON DAY TO 4.02%
Yields on 10-year Treasuries have dropped by more than a percentage point in less than a month, to below 4%. https://t.co/l1XFSlIBA0
10-year Treasury yield drops below 4% mark as investors digest Fed rate outlook https://t.co/UJtNJPFiL5
⚠️BREAKING: *U.S. 10-YEAR TREASURY YIELD FALLS BELOW 4% FOR FIRST TIME SINCE AUGUST 🇺🇸🇺🇸 https://t.co/lqk2TcD7fI
****TREASURY 10-YEAR YIELD FALLS BELOW 4% FOR FIRST TIME SINCE AUG*** | Huge opportunity for banks to sell those GNMA 3s at 89.... vs 80 at Q3 2023....
LATEST: 10-year US Treasury yields fall below 4% for the first time since August as the Fed signals rate cuts are coming https://t.co/LZ6e9ld1kW
Round number alert: the 10-year Treasury yield is (just) below 4%. Just as well the #FOMC isn't worried about loosening financial conditions. https://t.co/X2JQXcCfg6
US Treasury Yields end the day SIGNIFICANTLY lower 😮 https://t.co/aipt9y6BfI
SPAM-MED: *US 2-YEAR YIELD FALLS MORE THAN 30 BASIS POINTS ON DAY @markets Ok... https://t.co/1mOwvJdTwX
⚠️BREAKING: *US 2-YEAR YIELD FALLS MORE THAN 30 BASIS POINTS ON DAY https://t.co/fmvDU1v9Cx https://t.co/1B5DXaiV34
.. 10-yr yield hits low of 4.026% — the lowest level since Aug 10th and close to falling below the 200-day level of 4.025% @CNBC 👀 https://t.co/SkM3jqE1iW
⚠️BREAKING: *US 2-YEAR YIELD FALLS MORE THAN 20BPS ON DAY TO 4.51%, LOWEST SINCE JUNE 🇺🇸🇺🇸 https://t.co/AJFOEChTSZ
The 2-year Treasury yield is down 23 bps to 4.50 this afternoon.