On Friday, November 7, US Treasury yields climbed again with the 10-year yield reaching 4.17%, reflecting mounting uncertainty as investors grapple with a persistent economic data blackout. With the release of core employment and inflation reports on hold, market participants lack concrete guidance, resulting in heightened volatility.

During the past week, the 10-year Treasury yield jumped from 4.10% to 4.17%, marking the steepest weekly rise in two weeks. Investors now rely primarily on Treasury auction outcomes and global sentiment for cues, as key labor and price indicators remain unavailable.

Market analysts note that this lack of transparency makes investment decisions more challenging. Even with steady demand at recent Treasury auctions, yields may swing dramatically as supply and demand imbalances come into focus. Some warn that the longer this data blackout persists, the greater the speculation over Treasury market direction.

With few official indicators to steer sentiment, investors are closely watching for updates from the Federal Reserve and Treasury Department, as well as any new policy commentary that could signal a shift in outlook. In the meantime, the market remains on edge, and participants are urged to review risk controls and prepare for potential surprises.

[Investor Tip] In an environment of uncertainty, maintaining disciplined risk management and portfolio diversification is more important than ever.