The 10-year Treasury yield is more important in much of CRE than whatever level of federal funds rate that the Federal Reserve sets. That’s why the direction of the benchmark's price and yield, which move inversely, and other federal bonds will be making many investors, property owners, and developers nervous.
At the end of Tuesday, the yield on the 10-year closed at 4.679%. The number has been bouncing around for months, but generally trending upward for a while. The 30-year, which closed at 4.836%, hit the highest yield seen in about 14 months. Returns on both have risen 40 basis points in the last month.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
