U.S. 10-year Treasury briefly breaks below 4%

Breakdown

• U.S. 10-year Treasury yield briefly fell below 4%, a key psychological level.
• The 4% level has been tested multiple times but yields have rebounded each time. 36s
• Equity markets are volatile, but Treasury yields have shown limited movement. 59s
• Federal Reserve's dovish stance has not pushed yields below 4% for long. 1m 17s
• The U.S. dollar index is near its highest closes since late July. 1m 34s