| Stock Market News From June 26, 2025: S&P 500 and Nasdaq Gain, Close Short of RecordsLast d: 14 hours agoU. Treasury Yields Ease But ly to Stay RangeboundByEmese Bartha, Dow Jones NewswiresU.
Treasury yields were declining but remained near recent levels after Wednesday's mixed session, which also saw a soft five-year Treasury note auction, said Pepperstone's Michael Brown in a note.
"For now, it seems that benchmarks are to be stuck in a relatively tight trading band," the senior re strategist says.
Dip buying interest—where investors buy in phases of bond weakness—continues to be seen on any downside, he said. For 10- and 30-year Treasury yields, 4.
00% remain the key levels, respectively, Brown said. That said, rallies beyond 4. 75%, respectively, seem unly, given jitters over the fragile fiscal backdrop, he said.