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10-year Treasury yields end higher, highest close since January 2025
The 10-year yield closed just over 4.75% after ending July just under 4.74%, marking the highest finish since January 2025.
Mortgage News Daily says the 10-year Treasury yield closed just under 4.74% at the end of July and moved to just over 4.75% in the latest session.
The outlet notes that the latest close is the highest since January 2025, but the day-to-day increase was small, with prior sessions ending only about 1 basis point or 2 below the current level.
Mortgage News Daily also characterizes the move as consistent with the prevailing trend, rather than a sharp, unusual break higher.