October 10, 2025 11:04 PM GMT US Rates Strategy | North America A Fond Farewell to 10-Year Treasury Yields Above 4.00% The US government shutdown and escalation in trade tensions present obvious challenges to the glass-half-full view of most investors. The longer the shutdown lasts and higher trade policy uncertainty climbs, the more the glass will look half-empty. Buy US Treasuries before more 4-handles disappear. Key Takeaways Please add me to your distribution list. Downloaded by Neil.Wang@troweprice.com ...