Concerns about banks' credit exposure help power latest leg of bond-market rally

Core Viewpoint - The 10-year Treasury yield has reached its lowest intraday level since April, indicating market reactions to potential banking sector issues and the possibility of yields dropping below 4% due to bad loans [1] Group 1 - The 10-year Treasury yield briefly fell, reflecting market sentiment and trading activity [1] - Traders are evaluating the implications of bad loans in the banking industry, which may influence future yield movements [1] - The potential for yields to dip below 4% is being considered in light of ongoing banking sector challenges [1]