US bond 10-year yields suffer biggest weekly drop in over year. Why is treasury note down?

Economic Times - Oct 16, 2026

US bond yield on the benchmark US 10-year Treasury note was unchanged at 5.087 per cent after earlier rising to 5.1334 per cent. The yield on the 30-year bond rose 0.5 basis point to 5.433 per cent after trading earlier at 5.464 per cent.

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