US 10-Year Yield Resumes Increase
2026-06-08 17:31
By
Andre Joaquim
1 min. read
The yield on the 10-year US Treasury note bounced back to 5.46% on Monday, the highest in over two weeks, reflecting expectations of high interest rates by the Fed despite the mid-session pullback in energy prices.
Inflation data due on Wednesday is expected to cross the 4% threshold, consolidating the accelerating momentum in consumer prices.
The backdrop combines with a strong labor market as jobs growth has held above recent averages despite the Federal Reserve signaling concerns of a stalled labor force, adding leeway for the central bank to maintain rates at a restrictive level to fight inflation.
Rate futures pointed to expectations of a rate hike by the central bank this year.
The latest developments held despite Israel and Iran pledging to hold fire following their escalation over the weekend, lowering energy prices and setting the stage for more talks between Tehran and the US.