--- title: "Market Reaction: 10-Year U.S. Treasury Yield Skidded from Near 4.635% to Below 4.61%, Turning Negative; Two-Year Yield Dropped from Around 4.32% to Near 4.24%. Spot Gold Rose from Near $4,040 to Above $4,081, Gaining Over 1.2%. S&P 500 Fell 0.2%, Dow Jones Industrial Average Dropped 1.1%, NASDAQ Composite Index Turned Positive" type: "News" locale: "en" url: "https://longbridge.com/en/news/294241875.md" description: "Short-term yields on the 10-year and 2-year U.S. Treasuries skidded and turned negative, while spot gold rose by over 1.2%. In U.S. stocks, the S&P 500 fell 0.2%, the Dow Jones Industrial Average dropped 1.1%, and the NASDAQ Composite Index turned positive" datetime: "2026-07-29T18:02:59.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294241875.md) - [en](https://longbridge.com/en/news/294241875.md) - [zh-HK](https://longbridge.com/zh-HK/news/294241875.md) --- # Market Reaction: 10-Year U.S. Treasury Yield Skidded from Near 4.635% to Below 4.61%, Turning Negative; Two-Year Yield Dropped from Around 4.32% to Near 4.24%. Spot Gold Rose from Near $4,040 to Above $4,081, Gaining Over 1.2%. S&P 500 Fell 0.2%, Dow Jones Industrial Average Dropped 1.1%, NASDAQ Composite Index Turned Positive Market Reaction: The 10-Year U.S. Treasury Yield skidded in the short term from near 4.635% to below 4.61%, turning negative overall; the two-year U.S. Treasury yield dropped from around 4.32% to near 4.24%, also turning negative overall. Spot gold rose from near $4,040 to above $4,081, with a gain of over 1.2%. The S&P 500 fell 0.2%, the Dow Jones Industrial Average dropped 1.1%, and the NASDAQ Composite Index turned positive. Risk Warning and Disclaimer The market involves risks, and investment should be approached with caution. This article does not constitute personal investment advice, nor does it take into account the specific investment objectives, financial status, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article are suitable for their specific circumstances. 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