US 10-Year Treasury Yield Falls Below 4 Percent as Global Yields Surge

The United Kingdom, Germany, France, and Japan all show increases in long-term interest rates.

The New York Stock Exchange building in New York City on April 4, 2025. Samira Bouaou/The Epoch Times

The yield on the 10-year Treasury, a benchmark government bond, has fallen below 4 percent.

Despite this year’s volatility, especially during the tariff-driven springtime upheaval, the 10-year yield has been on a steady downward trajectory—achieving one of the Trump administration’s goals.