US 10-Year Treasury Yield Continues to Rise

2026-03-09 13:46 By Joana Taborda 1 min. read

The yield on the US 10-year Treasury note edged up to 4.15% on Monday, its highest level in about a month, after briefly reaching 4.21% during the session as investors believe rising inflation expectations linked to the Middle East conflict could prevent the Federal Reserve from cutting interest rates.

The conflict shows little sign of easing, with energy markets surging again and oil prices climbing above $100 a barrel after major Middle Eastern producers Kuwait, Iran, the UAE, and Saudi Arabia cut output, intensifying concerns about rising inflation.

Reflecting these pressures, traders now expect only one 25-basis-point rate cut from the Fed this year, most likely in September, compared with expectations for two cuts just a week ago.

Investors are also looking ahead to a busy week of economic data, including the CPI report, PCE price index, and JOLTS job openings, which should provide further insight into the strength of the US economy.



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