US 10-Year Yield Holds Firm After Fed Decision
2026-04-30 02:38
By
Jam Kaimo Samonte
1 min. read
The yield on the US 10-year Treasury note held around 4.42% on Thursday, hovering at more than one-month highs after the Federal Reserve left its policy rate unchanged as expected but delivered a more hawkish message amid rising inflation concerns.
Four policymakers dissented from the decision, arguing the Fed should no longer signal any bias toward easing, highlighting growing internal divisions over the policy outlook as uncertainty rises due to the Iran conflict.
Markets have now fully priced out expectations of Fed rate cuts this year, while beginning to assign some probability to a potential hike in 2027.
Inflation risks tied to the Middle East conflict also supported Treasury yields, after President Donald Trump said the US would maintain its naval blockade on Iran until a nuclear agreement is reached, while Tehran accused Washington of attempting to force Iran into surrender through economic pressure and internal political fragmentation.