U.S. Treasury Yields Retreat From High Levels

U.S. Treasury Yields Retreat From High Levels

U.S. Treasury yields were falling but remained at elevated levels after the 10-year yield rose to a near eight-month high of 4.641% last week, according to Tradeweb data.

Sentiment and positioning in bonds are now "very bearish," with most analysts and market participants predicting higher yield levels in 2025, analysts at Forex Analytix said in a note. Ten-year U.S. Treasury yields were down 2 basis points at 4.597%, Tradeweb data showed.