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Line chart tracking the US 10 year Treasury yield easing toward 4.70 percent after a Treasury debt buyback announcement.

The 10-year Treasury yield eased toward 4.70% Wednesday after the US Treasury said it would step up buybacks of long-dated government debt, pulling the curve back from its highest levels in nearly two decades. The 30-year yield fell nine basis points to 5.19%, retreating from Monday's 5.31% print, the richest level for long bonds since June 2007. A three-day pause on tariffs against Canadian goods added to the risk-on mood, lifting the TSX, the Canadian dollar and Wall Street together.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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