The 10-year Treasury yield is the rate that Treasury notes would pay investors if they bought them today. It is a benchmark for many other important financial matters, such as mortgage rates, and is used to determine investor confidence in the markets. The yield is considered a marker for investor confidence in the markets, shining a light on whether investors feel they can make a higher return than the yield offered on a 10-year note by investing in stocks, ETFs, or other riskier securities. A rising yield indicates falling demand for Treasury bonds, which means investors prefer higher-risk, higher-reward investments, while falling yield suggests the opposite. The 10-year Treasury yield is currently at 4.62% . Changes in the 10-year Treasury yield tell us a great deal about the economic landscape and global market sentiment, and professional investors analyze patterns in 10-year Treasury yields and make predictions about how yields will move over time. Declines in the 10-year Treasury yield generally indicate caution about global economic conditions while gains signal global economic confidence.