FX.co ★ US 10-Year Treasury Yield Hits 5-1/2 Moth Low

The yield on the U.S. 10-year Treasury dropped to 4.07%, marking the lowest point since October, as investors sought refuge in safe-haven assets. This shift occurred following President Trump's announcement of tariffs that exceeded expectations on over 180 countries and territories. The Trump administration has imposed a 10% tariff on all imports, with increased rates for nations running trade surpluses. These include a 34% tariff on China, 20% on Europe, and 24% on Japan. President Trump explained that the U.S. would impose tariffs at roughly half the rate applied by other countries, taking into account their existing tariffs, trade barriers, and other unfair practices.