The yield on 10-year U.S. Treasury bonds has fallen below 4.50%, potentially paving the way for further declines

LBBW analyst Elmar Voelker stated in a report that the yield on 10-year U.S. Treasury bonds has significantly fallen below 4.50% for the first time this year, potentially opening the door for further declines. From the perspective of a chart analyst, the slide in yields may send a signal to bond bulls. The rising trend of yields seems to have been broken, which largely started in autumn 2024 due to Trump's impending election victory at that time.