US 10-year Treasury yield rises to the highest level in two weeks above 1.60%

US 10-year yield rebounds sharply from 1.54%, back to 1.60%.
Yields across the curve hit fresh daily highs on American hours.
DXY is back in positive territory for the day, above 95.00.

Matías Salord FXStreet

US yields turned to the upside during the American session and climbed to weekly highs. The 10-year yield rose from under 1.55% to 1.609%, reaching the highest level in two weeks. Treasury yields across the curve reached fresh highs with the 2-year rising to 0.542%, the 5-year at 1.257% and the 30-year at 1.989%.

At the same time, the US 10-year TIPS yield (protected by inflation) remains is flat on Monday, near the record low at -1.162%.

Last week US inflation numbers weighed on Treasuries, triggering a rally in yields that still goes on. If the 10-year manages to consolidate above 1.60%, higher figures are expected.

The moves in the bond market continue to support the greenback. The DXY is back into positive territory after falling toward 95.00 and it stands at 95.16, looking at the recent cycle high of 95.26.

Economic data released on Monday surpassed expectation with the Empire Manufacturing index at 30.9 in November up from 21.6, and significantly above the 21.9 of market consensus. On Tuesday, the retail sales report is due.

Author

Matías Salord

FXStreet

Matías started in financial markets in 2008, after graduating in Economics. He was trained in chart analysis and then became an educator. He also studied Journalism. He started writing analyses for specialized websites before joining FXStreet.

EUR/USD softens below 1.1800 on Fed hawkish remarks

The EUR/USD pair edges lower to around 1.1775 during the early Asian session on Wednesday, pressured by a renewed US Dollar demand. Traders await the US President Donald Trump's State of the Union address later on Wednesday for clarity on fiscal policies.

GBP/USD regains 1.3500 and above

GBP/USD extends its advance for the third day in a row on Tuesday, this time retesting the area beyond the 1.3500 hurdle. Cable’s uptick comes despite decent gains in the Greenback and the dovish message from the BoE’s Bailey at the UK Parliament.

Gold stays firm above $5,150 as Trump's delivers State of the Union speech

Gold finds fresh demand and regains the $5,150 level following the previous day's pullback from the monthly peak as traders assess Trump's State of the Union address. Trade-related uncertainties and geopolitical risks seem to act as a tailwind for the safe-haven bullion.

Hyperliquid registers mild gains following CoinShares' ETP launch

Hyperliquid registered a 3% gain on Tuesday after CoinShares announced the launch of its Physical Hyperliquid Staking exchange-traded product, offering investors exposure to the token's price and staking yields.

The Citrini report: How a debatable AI narrative can shake Wall Street

That AI-related headline alone was enough to rattle investors.US stocks slid sharply on Monday after a widely circulated Citrini Research memo outlined a hypothetical “2028 Global Intelligence Crisis”, warning that rapid AI adoption could push US unemployment into double digits as early as by mid-2028.

XRP pressured by weak ETF flows and declining retail interest

Ripple (XRP) is edging lower, trading above its intraday low of $1.32 at the time of writing on Tuesday. The decline from its weekly opening of $1.39 reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty.