Nick Timiraos: 10-year Treasury yield sees largest single-day drop since March 2023

Nick Timiraos: 10-year Treasury yield sees largest single-day drop since March 2023
10-year Treasury sees largest drop since 2023

The 10-year U.S. Treasury yield declined by 0.193 percentage point to 4.952% on Thursday, marking the largest single-day yield drop since March 10, 2023, the day Silicon Valley Bank failed.

Nick Timiraos shared this figure.

In earlier coverage, Nick Timiraos reported that industrial buyers at Jergens in Cleveland have shifted focus to quality and speed over price when selecting products, according to a recent article. Separately, Bessent noted that the administration plans action on Fannie Mae and Freddie Mac in 2027–28, while cautioning that any deal should avoid wider mortgage spreads, as detailed in another report. These topics add context to the evolving priorities and timelines shaping U.S. economic policy and industry.

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