US 10Y Yield Edges Higher on Hawkish Fed Outlook

2026-03-19 02:38 By Jam Kaimo Samonte 1 min. read

The yield on the 10-year US Treasury note rose to around 4.28% on Thursday, nearing its highest level since August amid an increasingly hawkish Federal Reserve outlook.

The central bank left the fed funds rate unchanged, as expected, noting the uncertain economic impact of the Iran war while highlighting elevated inflation risks.

The Fed indicated it will not cut rates until inflation shows signs of easing again, though it still projects one rate reduction this year and another in 2027, consistent with its December outlook.

Data on Wednesday also showed US producer prices rose more than expected in February.

Investors now await the latest weekly jobless claims for fresh signals on labor market conditions.

Meanwhile, oil prices climbed further following attacks on energy infrastructure in the Middle East as the Iran conflict continues.

President Donald Trump temporarily waived the Jones Act to reduce the cost of transporting oil, gas, and other commodities within the US.



News Stream
US 10Y Yield Edges Higher on Hawkish Fed Outlook
The yield on the 10-year US Treasury note rose to around 4.28% on Thursday, nearing its highest level since August amid an increasingly hawkish Federal Reserve outlook. The central bank left the fed funds rate unchanged, as expected, noting the uncertain economic impact of the Iran war while highlighting elevated inflation risks. The Fed indicated it will not cut rates until inflation shows signs of easing again, though it still projects one rate reduction this year and another in 2027, consistent with its December outlook. Data on Wednesday also showed US producer prices rose more than expected in February. Investors now await the latest weekly jobless claims for fresh signals on labor market conditions. Meanwhile, oil prices climbed further following attacks on energy infrastructure in the Middle East as the Iran conflict continues. President Donald Trump temporarily waived the Jones Act to reduce the cost of transporting oil, gas, and other commodities within the US.
2026-03-19
US 10-Year Yield Holds Above 4.2%
The yield on the 10-year US Treasury note remained above the 4.2% mark on Wednesday, trimming its two-session pullback and holding most of its surge since the start of March amid signs that the FOMC is heeding to inflationary risks to the US economy. The Federal Reserve held its rates unchanged, as expected, but policymakers raised their projections of both core and headline inflation, in addition to an improved outlook in GDP growth. Pro-inflationary risks were magnified by a hot PPI reading for February and more increases in energy prices following attacks on Iranian energy infrastructure. Likewise, a greater share of FOMC members signaled that no rate cuts are required this year in their baseline scenario, although concerns of a softening labor market drove other members to opt for an outlook of more accommodative policy. Rate traders remained split between one and two rate cuts this year.
2026-03-18
Treasury Yields Move Higher
The yield on the US 10-year Treasury note rose to 4.2% on Wednesday after briefly touching 4.17% earlier in the session, as concerns over persistent inflationary pressures intensified. Oil prices climbed again after Iran reported that some of its energy facilities had come under attack, adding to inflation worries. Meanwhile, producer prices rose more than expected in February, with headline PPI increasing 0.7% month-on-month and core PPI rising 0.5%, both above forecasts of 0.3%. The data reinforced signs that inflation remains firm even beyond energy-related pressures. Investors are now turning their attention to the Federal Reserve’s policy decision later in the day. While no change in the fed funds rate is anticipated, markets will closely scrutinize updated economic projections and comments from Chair Powell for insight into how tensions with Iran could influence the policy outlook.
2026-03-18