BlockBeats News, April 22nd, according to TradingView data, the US 10-year Treasury yield surged against the trend to 4.414%, with a 24-hour increase of 1.94%.
The US 10-year Treasury yield is known as the "risk-free rate," a key metric that the Trump administration hoped to suppress in order to refinance trillions of dollars in national debt. Usually, when market risk aversion intensifies, investors may increase their demand for safe-haven assets such as Treasury bonds, leading to a decrease in the 10-year Treasury yield. However, amidst the recent market turbulence and stock market decline, the US 10-year Treasury yield, which should have declined, instead surged to 4.414%.