10-Year Bond Yield Drops 10 bps to 7.31%, Sharpest Since April
The 10-year bond yield fell sharply to 7.31%, marking its steepest decline since April. This drop followed a nearly 5% fall in oil prices from a six-month high reached last week. Traders are cautious and refraining from new positions as they await the outcome of the upcoming US midterm elections.
ET Markets·



