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macroJul 23, 2026, 1:53 PM

US 10-Year Yield Tops 4.70% for First Time Since Jan 2025

The yield on the US 10-year Treasury note surpassed 4.70%, breaking above the previous peak set on 'Liberation Day' in April 2025 and reaching a new 52-week high.

US10Y

The US 10-year Treasury yield surged past 4.70% on Tuesday, marking its highest level since January 2025. The move eclipses the previous high reached on 'Liberation Day' in April 2025, when tariff-related uncertainty drove yields sharply higher.

The rise pushes the benchmark yield into fresh 52-week territory, reflecting continued pressure on long-term borrowing costs amid shifting expectations for monetary policy and fiscal outlook. Market participants are watching for further upside momentum as yields reset higher.

Source: First Squawk