US GOVERNMENT 10 YEAR BOND YILED скачать в хорошем качестве

US GOVERNMENT 10 YEAR BOND YILED

As of June 18, 2025, the US 10-Year Treasury Yield (US10Y) is approximately 4.39%, slightly down from 4.46% the previous trading day. This yield is above the long-term average of about 4.25% but below historical highs seen in the early 1980s. What is the US 10-Year Treasury Yield? It represents the return investors demand to hold U.S. government debt maturing in 10 years. It is a benchmark for long-term interest rates and is widely used as the "risk-free" rate in financial markets. Movements in the 10-year yield reflect market expectations about inflation, economic growth, and Federal Reserve policy. Recent Trends and Influences The yield has fluctuated in the 4.3% to 4.5% range in June 2025, influenced by: Concerns over U.S. fiscal policy, including budget deficits and credit rating outlooks. Fed officials’ comments about inflation risks and economic growth. Market pricing in two 25-basis-point rate cuts later in 2025, likely in September and December. The yield curve remains moderately steep, with the 10-year yield about 0.45 percentage points above the 2-year yield, indicating modest growth optimism. Relationship with Interest Rates The 10-year yield is influenced by the Federal Reserve’s benchmark policy rate but also reflects longer-term inflation and growth expectations. While the Fed’s current funds rate is around 4.25%–4.50%, the 10-year yield incorporates a risk premium and inflation outlook over a decade. When the Fed signals future rate cuts or hikes, the 10-year yield typically adjusts accordingly, sometimes leading short-term rates. Summary Table Metric Value (June 17–18, 2025) Notes US 10-Year Treasury Yield ~4.39% Slight decline from 4.46% previous day Long-Term Average Yield ~4.25% Historical average Fed Funds Rate 4.25%–4.50% Short-term policy rate Yield Curve Spread (10Y-2Y) 0.45% Positive spread indicates growth optimism Market Expectations Two 25bps cuts in H2 2025 Cuts likely in September and December Conclusion The US 10-year Treasury yield at around 4.39% reflects a balance of moderate economic growth expectations, inflation concerns, and anticipated Fed policy easing later in 2025. It serves as a critical benchmark for investors and influences borrowing costs across the economy