FX.co ★ US 10-Year Yield Set for Sharpest Weekly Rise in 3 Years

The yield on the 10-year U.S. Treasury note surged toward 4.5% on Friday, marking the largest weekly increase in three years due to mounting concerns about the U.S. economy and diminishing confidence in American investments. A significant sell-off by foreign investors added pressure to Treasuries, as skepticism grows regarding the sustainability of U.S. trade strategies. Despite a temporary 90-day suspension meant to mitigate trade tensions, markets remain uneasy about the economic impact of President Trump's tariff policies. The administration's decision to increase tariffs on Chinese imports to 145% has intensified the trade conflict, sparking fears of substantial economic disruption. On the economic data front, the core Consumer Price Index (CPI) rose only 2.8% year-over-year, the slowest growth since March 2021, reinforcing expectations for a cautious approach from the Federal Reserve.