The future yield of U.S. Treasury bonds is expected to decrease in the coming months.

date
12/09/2025
SEB Research strategist Jussi Hiljanen stated in the report that the US Treasury bond yields are expected to decrease in the coming months, although the process may not be smooth. "The market volatility is high, but the overall trend points towards lower yields," he said. Due to the sensitivity of the long end of the US Treasury yield curve to the Federal Reserve's policy outlook, the yield on the 10-year Treasury bond is expected to further decline and may reach around 3.80% in the coming months. At the same time, the yield curve between the 2-year and 10-year bonds is expected to steepen, meaning that the drop in the 2-year yield may be even greater.