Treasury Yields Decline as Mortgage Rates Hit Yearly Low

The yield on U.S. Treasury securities experienced a notable decline on November 7, 2025. The 10-year note finished the day at 4.11%, while the yield on the 2-year note concluded at 3.55%. The 30-year note also saw a decrease, ending at 4.70%. This downward trend in yields comes as the mortgage market reflects some of the lowest rates seen in over a year.

According to the latest data from the Freddie Mac Weekly Primary Mortgage Market Survey, the 30-year fixed mortgage rate is currently at 6.22%. This figure marks a significant drop, making it one of the most favorable rates available since early 2024. The survey indicates that these lower mortgage rates may provide relief for homebuyers navigating a challenging housing market.

The decline in Treasury yields can often signal shifts in investor sentiment and economic outlook. As yields drop, it typically reflects increased demand for safer investments, such as government bonds. Investors are likely responding to a variety of economic indicators, including inflation data and employment figures, which can influence expectations for future interest rates.

The relationship between Treasury yields and mortgage rates is critical for the housing market. Lower yields can lead to more attractive mortgage rates, potentially stimulating home purchases and refinancing activity. As housing affordability continues to be a pressing issue, these lower rates could play a crucial role in improving access for prospective buyers.

As financial markets continue to react to economic developments, the performance of Treasury securities will be closely monitored. Analysts suggest that any further changes in yields could significantly impact borrowing costs for consumers and businesses alike.

In summary, the latest Treasury yield figures illustrate a downward trend, while mortgage rates reach a yearly low. The implications of these changes will be felt across the economy, particularly in the housing market, as buyers look to take advantage of favorable borrowing conditions.