The yields on 10-year U.S. Treasury notes remain stable at 4.64%, while the 3M Fed Funds proxy rate also remains unchanged at 3.70%. Global financial markets are seeking signals to assess the evolution of monetary policy.
The yield on the 10-Year T-Note, a key indicator for the bond market, remained stable at 4.64% as of August 13, 2026, showing no change from the previous day. This indicator is crucial as it reflects investors' expectations regarding long-term economic growth and inflation.
10-Year T-Note at 4.64%: Key Indicator of Bond Market Health
The yield on the 10-Year T-Note measures the cost of borrowing for the U.S. government over a 10-year period. It is considered a benchmark indicator for the bond market and is closely monitored by investors and central banks. A high yield may indicate higher inflation expectations or stronger economic growth, while a low yield may reflect expectations of an economic slowdown or more accommodative monetary policy.
Short-Term Interest Rates Stable with 3M Fed Funds Proxy Rate at 3.70%
The 3M Fed Funds proxy rate, which reflects short-term interest rates in the United States, remained stable at 3.70% as of August 13, 2026. This rate is crucial as it directly influences credit conditions for consumers and businesses. A high rate can make borrowing more expensive and could slow economic activity, while a low rate may encourage consumption and investment.
Euro/USD Exchange Rate Stable at 1.15
The exchange rate between the euro and the U.S. dollar remained stable at 1.15 as of August 13, 2026. This exchange rate is important for businesses and investors operating on an international scale, as it affects the competitiveness of exports and imports. A high exchange rate can make European exports more expensive for American buyers, while a low exchange rate may increase demand for European products.
Gold Price Stable at $4,424.90/oz
The price of gold, often considered a safe-haven asset during periods of economic uncertainty, remained stable at $4,424.90/oz as of August 13, 2026. Gold is an asset that can offer protection against inflation and market fluctuations. A high gold price may indicate concerns about economic stability or monetary policy.
WTI Crude Oil Price Stable at $82.46/barrel
The price of WTI crude oil, a key indicator of energy costs, remained stable at $82.46/barrel as of August 13, 2026. The price of oil has a significant impact on inflation, economic growth, and corporate profit margins. A high oil price can lead to increased production costs and reduced consumption, while a low price can stimulate economic growth by reducing costs for consumers and businesses.
S&P 500 Index Stable at 7,778.20 Points
The S&P 500 index, a benchmark indicator for U.S. stock markets, remained stable at 7,778.20 points as of August 13, 2026. This index reflects the performance of the 500 largest companies listed in the United States and is closely monitored by investors to assess the health of stock markets.
VIX Fear Index Stable at 14.72 Points
The VIX fear index, which measures implied market volatility, remained stable at 14.72 points as of August 13, 2026. A high level of the VIX may indicate an increase in uncertainty and fear in the markets, while a low level may reflect increased confidence and reduced volatility.
Impact on Stocks, Bonds, and French Savings
French investors must take these macroeconomic indicators into account to adjust their
