The US 10-year Treasury yield dropped to 4.38% after softer-than-expected PCE inflation data, but strong spending keeps at least one Fed rate hike in play.

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 2 basis points to 4.481%.

The 10-year yield declined 0.094 percentage point to 4.400% today. The price rose 24/32 to 99 26/32.

U.S. Treasury yields fell edged higher on Thursday, as Wall Street awaits key inflation data that will shed light on how prices have increased in response to the Iran war.The…

May 2026 core CPI undershot forecasts at 0.2% MoM, lifting short-term Treasuries and easing Fed rate hike expectations. Bitcoin stabilized near $61,400.

The US 10-year Treasury yield dropped to 4.38% after softer-than-expected PCE inflation data, but strong spending keeps at least one Fed rate hike in play.

NEW YORK, June 25 : The dollar was set to snap a three-session streak of gains on Thursday, after a flurry of U.S. economic data that included a reading on inflation softened…