10-Year Treasury Yield Falls to 4.649% as Oil Drop Eases Inflation Fears

On August 25, 2026, the benchmark 10-year Treasury yield fell 5.55 basis points to 4.649%, Reuters reported. A basis point is one-hundredth of a percentage point. The close dipped below the 2026 high of 4.668% set May 29. AP attributed the decline to falling oil prices tempering the inflation concerns that had pushed yields higher all summer. Lower yields ease borrowing costs on mortgages and other loans.