Copper Futures Plummet Amid Rising Treasury Yields

Copper futures have taken a hit, dropping by about 3.5 percent over two trading sessions after reaching a six-week high.

The decline is largely attributed to rising U.S. Treasury yields, which have reached their highest levels in 2026 with the 10-Year yield climbing to 4.71 percent, its highest point since early 2025.

This surge in yields has bolstered the dollar, creating a headwind for copper by increasing costs for foreign buyers.