US Treasury yields fell sharply on Thursday as investors moved toward safer assets amid a technology stock sell-off, concerns about artificial intelligence investments and escalating Middle East tensions.
The benchmark 10-year Treasury yield dropped 15 basis points to 4.996%, slipping below 5% for the first time since September 23. The two-year yield declined 14 basis points to 4.69%, while the 30-year yield fell 10 basis points to 5.32%.
Market concerns intensified after Nvidia CEO Jensen Huang told CNBC that demand for neocloud computing services was exceptionally strong, but capital remained scarce.
Meanwhile, oil prices climbed more than 2%, with West Texas Intermediate exceeding $99 per barrel and Brent crude topping $111.
The moves followed a New York Times report that Washington and Israel were considering renewed strikes on Iran after November's midterm elections.
Related Tweet:
US10Y back in the 4% range Bond yields cooling off, some pressure taken off Send this Market to All Time Highs! https://t.co/aACx450lXu
— Wall St. Wizard (@WallSt_Wiz) October 22, 2026
Also Read:

