April 17, 2026

Yields on U.S. Treasury bonds rose, with the 10-year note at 4.31%

International

Regarding fixed income, the yield curve for US Treasury bonds broadened across the board yesterday, with the exception of the 1-year Treasury note, which fell slightly from 3.69% to 3.68%. Meanwhile, the 3-year Treasury note widened to 3.80% from the previous 3.77%, while the 10-year Treasury note closed at 4.31%, down from 4.28% on Wednesday.

Major US stock indices extended their gains yesterday amid expectations surrounding the resumption of talks with Iran, coupled with the ongoing earnings season. The Nasdaq led the trend with a 0.4% increase, followed by the S&P 500 with a 0.3% gain and the Dow Jones with a 0.2% increase, with the first two indexes reaching new all-time highs. Thus, year-to-date figures show increases of 3.7%, 2.9%, and 1.1%, respectively.

In the United States, March industrial production fell 0.5% month-on-month, below the expected 0.1% increase and contrary to the expansion of the previous four months. Year-on-year, however, it rose 0.7%, the lowest figure in the last three months. Meanwhile, new jobless claims for the previous week totaled 207,000, lower than both expectations (213,000) and the previous week's figure.

With the first-quarter earnings season underway, Netflix reported earnings per share (EPS) of $1.23 and revenue of $12.25 billion, both exceeding analysts' consensus estimates of $0.79 and $12.18 billion, respectively.

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