US Treasury Yields Inch Higher after Fed

2025-10-29 18:22 By Andre Joaquim 1 min. read

The yield on the 10-year US Treasury note rose to slightly above the 4% threshold on Wednesday after the Federal Reserve delivered a widely anticipated 25bps rate cut and announced the end of its quantitative tightening.

Yields across the curve inched higher as opposing dissents consolidated the view of an FOMC with contrasting opinions, with Kansas City Fed's Schmid opting for a hold while Governor Miran expectedly voted for a 50bps cut.

Meanwhile, the Fed's balance sheet runoff will end at the start of December, rolling over the entirety of maturing Treasury securities and reinvesting its MBS assets into Treasury bills, aiming to temper recent stress in overnight funding markets.

Rate futures continued to expect three additional rate cuts by July of next year.



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