# Treasuries Draw $5.4 Billion as 10-Year Yield Flirts With 5%

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/39776
Published: 2026-10-24T08:08:14.000Z
Updated: 2026-10-24T08:08:14.000Z
Section: Investing

> The inflow was part of $12.1 billion added to bonds overall. The 10-year yield fell 19 basis points Thursday before nearing 5% Friday.

Investors added $5.4 billion to Treasuries over the past week, even as the 10-year yield approached 5% during Friday’s bond sell-off. The government debt inflow was part of $12.1 billion that went into bonds overall.

The iShares 20+ Year Treasury Bond ETF, which holds long-dated government debt, took in $1.14 billion over the past month. The fund had $47.3 billion in assets.

The 10-year yield dropped 19 basis points Thursday, equal to 0.19 percentage point, before trading near 5% Friday. Nicholas Colas, co-founder of DataTrek Research, linked Thursday’s move to expectations that financing for artificial intelligence spending may require less new debt issuance.

“With less of this paper coming to market, Treasuries face less competition for capital,” Colas wrote.

Friday’s decline in bond prices came as oil prices surged and a new consumer survey showed inflation expectations still above the Federal Reserve’s 2% goal. Higher prices, tensions in the Middle East and borrowing by artificial intelligence hyperscalers have weighed on bonds this year.

Bank of America investment strategist Michael Hartnett described Treasuries as having their worst long-run return in a century. He wrote that adding bonds was a contrarian trade after the market’s extended losses.

Stocks and bonds have typically moved in opposite directions, but both fell Friday as investors worried that higher oil prices could pressure both markets. Colas said the Thursday drop in yields was a notable signal, while cautioning that concerns about higher rates had not fully passed.