U.S. Treasury yields soar as analysts say people have lost confidence in the U.S. Treasury market.

Jin10 data April 11th news, on Friday, U.S. Treasury yields soared to their highest level since February of this year. Traders complained that liquidity is deteriorating as the $29 trillion U.S. Treasury market faces a big dump. The yield on the 10-year U.S. Treasury rose by 0.19% to 4.58%. Traditionally viewed as the ultimate safe haven in the global financial system, U.S. Treasuries are sinking into a deeper slump. Earlier this week, U.S. Treasury yields were below 3.9%, but Trump’s erratic tariff policies have shaken investors' confidence in U.S. policymaking and the economy, prompting a mass exodus from U.S. assets. Peter Tchir, head of macro strategy at Academy Securities, stated, "If you are a foreign holder, there is indeed pressure globally to sell U.S. Treasuries and corporate bonds." "What the world is really worried about is that they don't know what Trump is going to do." According to the Bloomberg U.S. Treasury Index returns, Friday's dumping resulted in the worst week for U.S. Treasuries since 2019, accompanied by a fall in the dollar. "We are concerned because the trend you see indicates that this is not a normal dumping," said an executive from a European bank's bulk services division. "It indicates that people have completely lost confidence in the world's strongest bond market."