October 16, 2026

U.S. Treasury bonds saw a broad-based compression in yields, with the 10-year rate at 5.09%

International

U.S. Treasury yields retreated across the curve on Thursday. The 10-year Treasury note closed at 5.09%, down from 5.19% the previous session—a decline of 10 basis points. Meanwhile, the yield on the 3-year note moved from 4.91% to 4.84%, and the 1-year note yield fell from 4.47% to 4.45%.

Major U.S. stock indices ended Thursday with gains. The Dow Jones rose 1.1% for the day, while the S&P 500 and the Nasdaq posted increases of 0.3% and 0.1%, respectively. Year-to-date, these indices have accumulated gains of 8.6%, 13.1%, and 14.9%, respectively.

In the Eurozone, the Consumer Price Index (CPI) for September was released. The headline figure showed a monthly increase of 0.6% and a year-on-year rise of 3.8%. Core inflation (which excludes food, energy, alcohol, and tobacco) showed a monthly change of 0.2% and a year-on-year increase of 2.5%. In all cases, the results were in line with the consensus projections from analysts. The Euro Stoxx 50 index fell 0.4% yesterday.

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