The U.S. 10-year Treasury yield held steady Wednesday as investors pored through the latest data showing inflation last month at its highest in three years, though some pricing pressures weren’t as bad as feared.
The yield on the 10-year Treasury
note — the main benchmark for mortgages, auto loans and credit card debt — was 2 basis points higher at 4.548%.
Shorter- and longer-dated maturities were also little changed. The yield on the 2-year Treasury
note, which closely tracks short-term Federal Reserve interest rate decisions, was up less than 1 basis point at 4.133%.
The 30-year Treasury
yield, which traditionally reacts more to geopolitical events, rose less than 2 basis points to 5.029%.
One basis point equals 0.01%, or 1/100th of 1%, and yields and prices move inversely to one another.
Link: https://www.cnbc.com/2026/06/10/us-treasury-yields-inflation-data.html