10-Year Treasury Yield Reaches 4.73%, Blowing Past Analyst Calls

The 10-year Treasury yield climbed to 4.7334% on August 11, 2026, up from 4.136% in March. A Reuters poll a year earlier, when yields sat at 4.27%, forecast roughly 4.30%. Tariff-driven inflation and heavy government debt supply — risks the poll flagged — hit harder than anyone predicted.