Treasury Yields in the US Move Higher

2026-06-22 14:11 By Joana Taborda 1 min. read

The yield on the US 10-year Treasury note rose to 4.5% on Monday, its highest level in about two weeks, while the more policy-sensitive 2-year Treasury yield climbed above 4.2%, reaching its highest level since February 2025.

Investors returned from the long weekend focused on the outlook for monetary policy and inflation, despite signs of progress in US-Iran negotiations that contributed to another decline in oil prices.

Markets are currently pricing in at least one 25bps Federal Reserve rate hike by year-end, with the probability of such a move as early as September standing at around 50%.

Attention now turns to Thursday's PCE report, which includes the Fed's preferred inflation gauge and is expected to provide fresh insight into underlying price pressures and the likely path of interest rates.



News Stream
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