US 10-Year Treasury Yields Reach Seven-Week Low as Dollar Declines

Benchmark 10-year US Treasury yields dropped by more than 7 basis points during Tokyo trading, achieving their lowest level in seven weeks. This decline represents the largest one-month fall since December 2023. Concurrently, the U.S. dollar weakened, mirroring the downward trend in Treasury yields, indicating shifts in investor sentiment and capital flows.