Why the 10-Year U.S. Treasury Yield Continues to Rise in 2025
The 10-year U.S. Treasury yield, a critical benchmark for global financial markets, has been on an upward trajectory in 2025, climbing to 4.49% as of July 15, 2025, despite the Federal Reserve’s ongoing rate-cutting cycle. This phenomenon, which defies historical patterns where yields typically decline after Fed rate cuts, is driven by a confluence of…

