US 10-year Treasury yield falls below 5% for the first time in a month

Odaily: According to MSX.COM data, the U.S. 10-year Treasury yield dropped below 5%, the lowest level since September 23, down 12 basis points intraday. In addition, U.S. Treasury yields fell across the board, with short-, medium-, and long-term yields all declining in sync.

Market data shows that the 2-year Treasury yield fell 11.4 basis points to 4.686%, the 5-year fell 13.1 basis points to 4.820%, and the 30-year fell 9.8 basis points to 5.317%. Looking at intraday trends, the 2-year and 5-year Treasury yields continued to decline, hitting intraday lows of 4.686% and 4.812% respectively, indicating strengthened buying interest in U.S. Treasuries.