US10Y

Bonds
US 10-Year Treasury Yield · United States
4.28%
down −1.60%
30 sessionsas of last close · delayed prototype data
Bonds aren't tradable in paper mode — this is a yield, not a price.
Why it's moving

Yield fell (bond prices rose) as the soft CPI pulled forward rate-cut bets — this is the number the whole world prices off.

What's moved it
  1. Today−7 bps

    Soft CPI; markets added to 2026 cut expectations.

  2. Wed+4 bps

    Solid auction demand faded; yields drifted up pre-CPI.

  3. 2 wks ago−9 bps

    Growth-scare bid into Treasuries.

Is this move normal?

A 7 bps fall is a normal daily wiggle.

The 10-year lives in ±5–10 bps days; the move that matters is the trend, not the tick.

calmer daysbigger days
↺ The memory — when this happens

When US inflation surprises lower, what actually happens?

Across the soft-CPI surprises since 2023, the S&P rose the same session about 7 times in 10, the 10-year yield fell almost every time, and the dollar weakened. The reaction is real — and it's usually spent within a day or two as the cut-odds reprice.

S&P 500, same session:
up (8/10) down (2/10)
ratessafe-haventhe-benchmark

Illustrative prototype data. Boredfolio explains moves and lets you practise with fake money; it does not recommend trades, and it will never tell you to buy or sell. Nothing here is investment advice.