Global 10-year government bond yields fell in February 2026, driven by increased equity market volatility from geopolitical tensions, monetary and trade policy uncertainties, and concerns over AI. The U.S. 10-year Treasury yield saw the largest decline, dropping 29.5 basis points to end at 3.96%. Canada's 10-year bond yields also decreased by 29 basis points to 3.13%.
In February 2026, global 10-year government bond yields experienced a notable decline amid heightened volatility in equity markets. This movement was attributed to several factors, including geopolitical tensions, ongoing uncertainties surrounding monetary and trade policies, and growing concerns related to artificial intelligence (AI).
The most significant change occurred in the United States, where the 10-year Treasury yield decreased by 29.5 basis points over the month, closing at 3.96%. This shift reflects broader market reactions to the mentioned uncertainties. Similarly, in Canada, the 10-year bond yields fell by 29 basis points, finishing the period at 3.13%.
These developments in bond markets highlight the interconnectedness of global financial systems, with yields reacting to a combination of international pressures. The report from Tradeweb provides this update as part of its regular monitoring of government bond trends, offering insights into how such volatility influences investor sentiment across major economies.
