---
title: "U.S. 10-Year Yield Hits One-Month Low; Golden Dragon Index Falls for Seventh Day"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290892879.md"
description: "U.S. 10-year Treasury yields hit a one-month low as PCE inflation data cooled rate hike expectations, despite the Dow setting an intraday high. The Nasdaq Golden Dragon China Index fell for a seventh day to an 18-month low. Meanwhile, oil prices rebounded due to Strait of Hormuz security risks, and market sentiment was mixed between Micron's optimism and Apple's price hikes."
datetime: "2026-06-26T00:35:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290892879.md)
  - [en](https://longbridge.com/en/news/290892879.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290892879.md)
generator: "portal-rs"
---

# U.S. 10-Year Yield Hits One-Month Low; Golden Dragon Index Falls for Seventh Day

U.S. Treasury yields narrowed, with the 10-year yield falling to a one-month low, while the yield spread widened; the Nasdaq Golden Dragon China Index fell for a seventh straight session to its lowest level in more than 18 months, according to Ming Pao. The Dow Jones Industrial Average set a new intraday high, while the S&P 500 and Nasdaq each fell for a fourth consecutive session. The U.S. PCE inflation rate rose to its highest level in more than three years, but a moderate month-on-month increase cooled expectations for interest-rate hikes. Renewed security risks in the Strait of Hormuz, including an attack on a cargo ship, helped drive a rebound in oil prices. Ming Pao said optimism sparked by Micron’s strong revenue outlook was damped by Apple price increases.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**