EL7.AI
BondsMediumUpdated•Originally published 11 November 2026•Updated 11 November 2026•
1 min read

US Treasuries Fall as Yields Record Historic Jump on Hot CPI Data

Key Facts

110-year T-Note futures slid to a two-week low of 106'07 as selling pressure intensified across the curve.
2The 2-year Treasury yield gained 14.5 bps while the 10-year yield rose 13 bps toward 4.99%.
3Federal Reserve Governor Christopher Waller made hawkish remarks regarding policy tightening prospects for the December meeting.

10-year Treasury Note futures dropped to a two-week low of 106'07 as an upside surprise in US CPI data triggered a sharp sell-off across the curve. According to CME Group, the 2-year Treasury yield recorded its largest daily jump since 2025, rising 14.5 basis points, while the 10-year yield climbed 13 basis points toward 4.99%.

The surge in yields followed the hot inflation print and hawkish commentary from Federal Reserve Governor Christopher Waller regarding potential policy tightening in December. Amid the volatility, CME stock closed at $309.09 on November 10, 2026, after hitting a session low of $303.77.

The Producer Price Index is due for release on November 13, 2026, which may further influence inflation expectations alongside a scheduled speech by Fed Governor Bowman on the same day.

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