U.S. Treasury yields fell on Friday, extending back-to-back days of declines, as investors digested the outlook for interest rates following signals from the Federal Reserve that rates will be cut next year. At 3:43 a.m. ET, the yield on the 10-year Treasury was over one basis point lower to 3.9148%. It had fallen below the 4% level for the first time since August on Thursday. The 2-year Treasury yield was last down by around three basis points to 4.3693%. Similar levels were last seen in early June. Yields and prices...

Bond yields slid to fresh multi-month lows as investors continued to price in the Federal Reserve’s unexpectedly dovish pivot on Wednesday. The 10-year Treasury yield, which in October was trading just above 5%, fell at one point early Thursday to 3.93%, its lowest since July, as investors continued to absorb projections and comments by the Federal Reserve. The U.S. central bank on Wednesday left interest rates unchanged at a range of 5.25% to 5.50%, as expected, but surprised the market by suggesting it was done raising borrowing costs and would...

Treasury yields fell on Thursday as investors digested guidance issued by the Federal Reserve about the outlook for interest rates as its final policy meeting of the year concluded Wednesday. At 4:34 a.m. ET, the yield on the 10-year Treasury was down by over nine basis points to 3.9357%, below the 4% mark. It was last seen at similar levels in early August. The 2-year Treasury yield was last more than 18 basis points lower at 4.2922%. It had fallen by as many as 25 basis points on Wednesday. Yields...

Global bond prices surged in the wake of Wednesday's Federal Reserve decision, with the 10-year U.S. Treasury yield slipping back below the critical 4% threshold. Federal Reserve Chair Jerome Powell on Wednesday indicated that the central bank is moving toward interest-rate cuts as inflation falls. That's a U-turn from just two weeks ago, when Powell warned it was too early to talk rate cuts. His shift—alongside updated Fed projections of more rate cuts next year—sparked a Wall Street rally that rippled across the globe Thursday. Investors are betting other central...

Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019. DoubleLine Capital CEO Jeffrey Gundlach said Wednesday the 10-year Treasury yield will continue to fall to the 3% range next year, following the Federal Reserve's new forecast for rate cuts. "I think we're still going to have bonds rallying," Gundlach said on CNBC's "Closing Bell." "I would guess that we will see the 10-year Treasury yield in the low threes sometime next year." The benchmark rate hit a low of 4.015%, the lowest level since...

U.S. bond yields fell slightly early Wednesday as traders waited for a monetary policy update from the Federal Reserve later in the day. • The yield on the 2-year Treasury BX:TMUBMUSD02Y dipped by less than 1 basis point to 4.731%. Yields move in the opposite direction to prices. • The yield on the 10-year Treasury BX:TMUBMUSD10Y retreated 1.5 basis points to 4.189%. • The yield on the 30-year Treasury BX:TMUBMUSD30Y fell 2 basis points to 4.292%. All eyes will be on the Federal Reserve’s policy decision and forecasts, due at...

1414 ET – Treasury yields and the dollar plummet after the Fed kept rates unchanged, as expected, and projected 75 basis points of rate cuts next year. The post-meeting statement nods to a slowing economy, while saying that employment and inflation remain elevated. Officials lowered their forecast for 2024 GDP growth slightly to 1.4%, from 1.5% in the September projection. Unemployment forecast is kept at 4.1%, compared to 3.7% in November. The 10-year Treasury yield is at 4.082%, down from 4.149% before the decision. The Wall Street Journal Dollar Index...

U.S. Treasury yields fell slightly on Wednesday as investors awaited the Federal Reserve's latest interest rate decision and guidance on the outlook for monetary policy and the U.S. economy.

At 3:43 a.m. ET, the yield on the 10-year Treasury was over one basis point lower to 4.1909%. The 2-year Treasury yield was last down by less than one basis point to 4.7243%.

Yields and prices have an inverted relationship. One basis point equals 0.01%.