US 10-Year Yield Steady Ahead of Fed Minutes

2026-02-18 03:11 By Czyrill Jean Coloma 1 min. read

The 10-year US Treasury yield steadied around 4.06% on Wednesday after touching a more than two-month low earlier in the week, as investors awaited the minutes from the Federal Reserve’s latest policy meeting for clearer guidance on the path of interest rates.

Fed Governor Michael Barr said rates should remain unchanged until there is greater confidence that inflation is moving toward the 2% target, while Chicago Fed President Austan Goolsbee suggested further cuts could be possible if price pressures continue to ease.

The policy outlook remains clouded following stronger-than-expected labor market data and benign inflation readings last week.

Attention is also turning to the PCE Price Index and the advance Q4 GDP estimate, due in the coming days.

Meanwhile, the US and Iran held a second round of indirect talks in Switzerland, agreeing on key “guiding principles” in their nuclear dispute.

Despite the modest easing of tensions, a comprehensive deal remains unlikely in the near term.



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