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US 10-year Treasury yield falls below 5%

Kobeissi Letter reports the US 10Y yield fell to 5.00% for the first time since Sept 23 as the tech selloff deepens.

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Key points

  • The US 10-year Treasury note yield fell to 5.00%, the first time since September 23rd, according to @KobeissiLetter.
  • @DeItaone reported the 10-year Treasury note yield fell below 5% for the first time since September 23, last down 14.97 basis points at 4.996%.
  • @KobeissiLetter said the move came as the selloff in technology stocks deepens.

Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI

Original post

The Kobeissi Letter @KobeissiLetter 2.7M followers

BREAKING: The US 10Y Note Yield falls to 5.00% for the first time since September 23rd as the selloff in technology stocks deepens. https://t.co/ZJZk05yQuM
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From @_sean_mcadam, @Investhor_, @drewcarrell and others. Spam removed, with English and Chinese translations.

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