U.S. Treasury Yields Soar! 10-Year Treasury Approaches 5%📈

The U.S. 10-year Treasury yield has risen to 4.54%, reaching a new high, with a significant increase compared to the previous day and the same period last year. Following President Trump's announcement of a 25% tariff on all imported steel and aluminum, yields continued to climb. The European Union has stated that it will take countermeasures in response.

Strong economic data and inflation concerns have driven the increase in Treasury yields, with the market focused on the upcoming inflation data and Federal Reserve policies. Robert Conzo, CEO of Wealth Alliance, stated that the 10-year yield may remain around 4.5% in the future, arguing that the previous low-interest-rate environment misled the market.

Treasury Secretary Scott Basset stated that the Federal Reserve's interest rate cuts have led to rising yields, while Trump also hopes to lower rates through deregulation. Meanwhile, Trump's tariff policies toward China, Mexico, and Canada have sparked international reactions.