The 10-year U.S. Treasury yield falls below 3.94%, with a nearly 30 basis point decline in February.

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Gelonghui February 28 | Friday (February 27) New York Market Close: The US 10-year benchmark Treasury yield fell 6.66 basis points to 3.9375%, approaching the October 17, 2025 low of 3.9342%. It has declined a total of 14.52 basis points this week and 29.80 basis points in February, trading overall in the range of 4.2975% to 3.9375%, continuing to decline throughout the period.

The 2-year US Treasury yield dropped 5.51 basis points to 3.3729%, approaching the September 13, 2022 low of 3.4947% (the lowest that year was 0.75% on January 4). It has decreased a total of 10.31 basis points this week and 14.75 basis points in February, trading in the range of 3.5901% to 3.3729%.

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