According to CNBC, the 10-year U.S. Treasury yield fell more than 17 basis points to 4.972% on Thursday, its lowest level in nearly a month and the first time below 5% since Sept. 23. It posted its largest one-day decline since March 10, 2023, as investors sought safe-haven assets amid a sharp stock sell-off tied to concerns about the artificial intelligence trade and surging oil prices. The 2-year yield dropped more than 16 basis points to 4.659%, while the 30-year yield fell more than 14 basis points to 5.296%.
