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2026.02.2713:44:02UTC+0010-Year Treasury Yield Down to 4-Month Lows

The yield on the US 10-year Treasury note fell below 4% on Friday, its lowest level in four months, and ended February roughly 25 basis points lower, marking its strongest monthly performance in a year. Persistent safe-haven demand reflected ongoing policy uncertainty surrounding President Trump’s trade agenda, escalating tensions in the Middle East, and mounting concerns about the resilience of the US economy. On the data front, producer prices rose more than expected for a second consecutive month in January. In response, investors increased their bets on Federal Reserve rate cuts, with a July reduction once again almost fully priced in after expectations had been briefly scaled back earlier in the week.

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