FX.co ★ US 10-Year Treasury Yield Steady Near Two-Week High

The yield on the US 10-year Treasury note remained stable at approximately 4.38% on Tuesday, sustaining a two-week high as investors considered recent trade developments and economic indicators. President Donald Trump announced revised tariff rates on 14 nations yet to finalize trade agreements with Washington. This list includes significant exporters like Japan and South Korea, which will both be subject to a 25% levy. Additionally, Trump signed an executive order extending the deadline for reciprocal tariffs to August 1 from the original date of July 9, allowing additional time for negotiations. Trump also warned of a further 10% tariff on countries associating with the "Anti-American policies of BRICS," amid the bloc's summit in Brazil. Meanwhile, Treasury yields have increased in recent sessions following a stronger-than-anticipated US jobs report for June, which reduced expectations for imminent interest rate cuts. Market sentiment has largely discounted the possibility of a Federal Reserve rate reduction in July.