US 10 Year Treasury Bond Note Yield - Quote - Chart - Historical Data (2024)

The yield on the US 10-year Treasury note rose to above the 4.6% threshold, reapproaching the five-month high of 4.67% from April 16th as another round of strong economic data favored a hawkish outlook for the Federal Reserve. Initial unemployment claims held below expectations halfway through April, while a local manufacturing gauge unexpectedly surged to back the sector’s momentum from March’s strong PMI. This followed the hot retail sales report, adding leeway for the Fed to refrain from having to loosen policy soon. Earlier in the week, Fed Chair Powell acknowledged that the central bank is in no rush to cut borrowing costs, a sharp change of rhetoric from previous remarks that hot inflation readings in January and February didn’t alter the disinflation trend. Consequently, funds futures show that a slight majority of the market expects the US central bank to only start reducing rates in September, while nearly 15% has positioned for no rate cuts at all this year.

US 10 Year Note Bond Yield was 4.57 percent on Friday April 19, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the US 10 Year Treasury Bond Note Yield reached an all time high of 15.82 in September of 1981. US 10 Year Treasury Bond Note Yield - data, forecasts, historical chart - was last updated on April 19 of 2024.

US 10 Year Note Bond Yield was 4.57 percent on Friday April 19, according to over-the-counter interbank yield quotes for this government bond maturity. The US 10 Year Treasury Bond Note Yield is expected to trade at 4.11 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 3.85 in 12 months time.

US 10 Year Treasury Bond Note Yield

Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.