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Andreas Steno Larsen, founder & CEO, highlights that the U.S. 10-year Treasury yield ended at 4.60%, just 2 basis points below its peak when President Donald Trump took office on January 20, 2025.
Larsen cites Treasury Secretary Scott Bessent's recent remark that both the president and himself are closely monitoring the 10-year yield and are seeking lower rates.
In recent coverage, Larsen analyzed a three-day chart of the U.S. 10-year yield and June WTI crude oil futures, noting their differing market trends (full article). He has also highlighted oil's role in driving bond market volatility, resulting in wider daily ranges and higher yields (full article). These observations provide additional context to Larsen’s current comments on Treasury yields.