10-year Treasury yield drops below 4.5% on easing supply fears, weak ISM services reading

Treasury yields retreated sharply on Wednesday, with 2-, 10- and 30-year issues falling to their lowest since December after the Treasury Department alleviated fears of a near-term jump in supply and data on the U.S. services sector came in below expectations.

Feb 5, 2025 - 13:45
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Treasury yields retreated sharply on Wednesday, with 2-, 10- and 30-year issues falling to their lowest since December after the Treasury Department alleviated fears of a near-term jump in supply and data on the U.S. services sector came in below expectations.

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