MONDAY, OCTOBER 5, 2026|No. 17576
US Business · Markets

Treasury ETF Faces Downtrend Amidst Rising Yields and Bear Steepening

The F/m US Treasury 10 Year Note ETF (UTEN) is experiencing a significant downtrend, driven by rising long-term yields and a bear steepening yield curve.

A close-up of a bond trading screen displaying market data with upward trending yield indicators.
A close-up of a bond trading screen displaying market data with upward trending yield indicators.
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The F/m US Treasury 10 Year Note ETF (UTEN) faces a persistent downtrend, reinforced by technicals and macro bear steepening, supporting a clear SELL rating (1.68). UTEN’s single-bond structure (4.625% Treasury, 2036) exposes it acutely to rising yields, with price down ~7% since February 2026. Bear steepening, rising long-end yields, and weak momentum (D across all horizons) suggest continued downside until a clear Fed catalyst emerges. Short-term bearishness contrasts with potential long-term entry points for underweight bond allocators, but current signals favor further depreciation.

Close-up bond market trading screen with rising yields. Coupons, rates, yields and other informations are displayed.

Torsten Asmus/iStock via Getty Images

The F/m US Treasury 10 Year Note ETF ( UTEN) clearly shows a very consistent bearish setup, and in this sense it could represent a great opportunity to take advantage of. However, we will also have the

About UTEN ETF

SymbolLast Price% Chg
UTEN F/m US Treasury 10 Year Note ETF40.51-0.32%
Post40.530.05%
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • 10Y
Chart

Chart with 199 data points.

View as data table, Chart

The chart has 1 X axis displaying Time. Data ranges from 2026-09-28 09:30:00 to 2026-10-02 15:50:00.

The chart has 1 Y axis displaying values. Data ranges from 40.345 to 41.17.

Created with Highcharts 13.1.1Sep 28Sep…Sep 29Sep 30Oct 1Oct 2404142

End of interactive chart.

Expense Ratio0.15%

Div FrequencyMonthly

Div Rate$1.90

Yield4.69%

Fund AUM$275.05M

Class AUM$267.26M

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More on UTEN

Related Stocks

SymbolLast Price% Chg
UTEN UTEN40.51-0.32%
Post:40.530.05%
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 5Y
  • 10Y
Chart

Chart with 199 data points.

View as data table, Chart

The chart has 1 X axis displaying Time. Data ranges from 2026-09-28 09:30:00 to 2026-10-02 15:50:00.

The chart has 1 Y axis displaying values. Data ranges from 40.345 to 41.17.

Created with Highcharts 13.1.1Sep 28Sep…Sep 29Sep 30Oct 1Oct 2404142

End of interactive chart.

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