What 10-year Treasury yield levels does the speaker mention?

Jonathan CroninREI Accelerator, Rei Accelerator · Multifamily Real Estate Investor & Coaching Leader

Still hoping for lower interest rates in 2025? Here’s what’s actually happening.

16 Jul 2025

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Jonathan Cronin (YouTube) explains why hopes for lower interest rates in 2025 have not materialized. He links long-term fixed-rate borrowing costs to the 10-year Treasury yield, recounting recent moves: around 3.80% earlier, rising to about 4.80% amid improving economic/election-driven sentiment (mentions Trump election and a rising term premium), brief talk of 5%, and a subsequent dip to roughly 4.6%. The segment frames higher-for-longer yields as the key constraint on lower mortgage and multifamily financing rates.

Questions this video answers

About 3.80% ("380"), rose to ~4.80% ("480"), discussed hitting 5%, then dipped to ~4.6%.

Ultimately, in interest rates. I know a lot of people have been hoping that 2025 was the time that interest rates have come down, unfortunately. You know, we saw the bond market. And again, for people out there listening, the bond market, the ten year treasury, that's what really drives long term interest rates for, you know, permanent fixed rate debt for both, you know, multifamily complexes, as well as single family homes. And we saw the 10 year treasury was at 380. Trump got elected. There's a sentiment the economy's improving. There's a little bit of a yield term premium, meaning interest rates are going to be higher for longer. And we see the 10 year treasury went up to, you know, 480, you know, with even talks of it hitting 5% and then dipping now down to about, you know, 4.6 ish.