U.S. Treasury Market Sinks to Near Lowest Yield Since 2024

Core Viewpoint - The U.S. rates market has shown minimal movement since Friday, with the benchmark 10-year Treasury yield hovering around 4%, indicating a critical threshold for the market that may soon be breached for a sustained period [1] Group 1 - The benchmark 10-year Treasury yield is currently trading at approximately 4%, which has been identified as a significant level for market participants [1] - The market is preparing for a potential sustained movement beyond the 4% threshold, suggesting a shift in investor sentiment and market dynamics [1]