Bond Yields
US Treasury Yields Retreat from Multi-Year Highs
22 Sep 2026
Following a period of significant upward pressure, US Treasury yields have surrendered recent gains, providing relief to global equity markets and supporting a shift in risk sentiment.
Why it matters
The trajectory of US yields remains the dominant anchor for global FX valuations; a retreat in yields eases the upward pressure on the US dollar and reduces the attractiveness of dollar-denominated carry trades.