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MarketsPast Article

The Day After the Hold, the 10-Year Is 4.98%

Thursday's ten-year par yield was 4.98 percent, seven basis points under Wednesday's print. The two-year was 4.61 percent.

By Marcus Ell, Markets Columnist

New York1 min read

top-view photography of houses at daytime
top-view photography of houses at daytimePhoto by Tom Rumble on Unsplash

A day after the Federal Reserve left the funds range alone, the ten-year Treasury par yield was 4.98 percent, according to Treasury data published by the St. Louis Fed. On Wednesday, the day of the statement, it was 5.05 percent.

The two-year yield was 4.61 percent, from 4.67 percent. The spread between the ten-year and two-year yields was 0.37 percentage points on Thursday and 0.38 percentage points on Wednesday. The slope barely changed while the level of the ten-year eased.

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