FX.co ★ US 10-Year Yield Holds Steady Amid Geopolitical Tensions

The yield on the 10-year U.S. Treasury note remained stable at approximately 4.39% on Monday, continuing its consistent trading pattern for over a week as investors assessed heightened geopolitical tensions in the Middle East. Over the weekend, the United States conducted strikes on three Iranian nuclear facilities, aligning itself with Israel’s ongoing conflict with Iran. Markets are closely monitoring Tehran's potential response, which could include attacks on U.S. personnel or disruptions in oil shipments through the Strait of Hormuz. Alongside these geopolitical concerns, investors are also anticipating new economic data releases, including U.S. existing home sales and PMI reports, to gauge the economy's fundamental strength. Last week, the Federal Reserve opted to keep interest rates unchanged, maintaining a cautious, data-driven approach. Fed Chair Jerome Powell cautioned that inflation might increase in the coming months, partly due to the inflationary effects of recently imposed tariffs by President Trump.