10-Year Treasury Yield Drops Below 5% — SkimNews
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- U.S. 10-year Treasury yield fell below 5%, reaching its lowest level in nearly a month.
- Nomura linked surging stock volatility to the return of U.S. Treasurys as hedges, while French turmoil was also identified as a driver of the flight to safety.
Why it matters: For investors managing risk during French turmoil and heavier stock volatility, Treasurys are again presented as a defensive asset. The 10-year benchmark’s sub-5% yield and nearly one-month low give that renewed hedge role a concrete anchor for choosing exposure in this market.
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