US 10-Year Yield Steady as Jobs Data Eyed

2026-06-29 02:50 By Jam Kaimo Samonte 1 min. read

The yield on the US 10-year Treasury note held steady at around 4.38% on Monday after declining sharply last week, as investors awaited the latest US monthly jobs report for fresh signals on labor market conditions and the outlook for Federal Reserve policy.

Fed Chair Kevin Warsh reiterated the central bank's commitment to bringing inflation under control, reinforcing the hawkish tone of his debut earlier this month that prompted markets to scale back expectations for US rate cuts this year.

Markets now consider the possibility of multiple Fed rate hikes this year, with a majority pricing the first increase in September.

Meanwhile, investors continued to monitor developments in the Middle East after oil prices climbed following renewed clashes between the US and Iran around the Strait of Hormuz, although both sides agreed to suspend further attacks ahead of peace talks set to resume this week in Doha, Qatar.



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US 10-Year Yield Steady as Jobs Data Eyed
The yield on the US 10-year Treasury note held steady at around 4.38% on Monday after declining sharply last week, as investors awaited the latest US monthly jobs report for fresh signals on labor market conditions and the outlook for Federal Reserve policy. Fed Chair Kevin Warsh reiterated the central bank's commitment to bringing inflation under control, reinforcing the hawkish tone of his debut earlier this month that prompted markets to scale back expectations for US rate cuts this year. Markets now consider the possibility of multiple Fed rate hikes this year, with a majority pricing the first increase in September. Meanwhile, investors continued to monitor developments in the Middle East after oil prices climbed following renewed clashes between the US and Iran around the Strait of Hormuz, although both sides agreed to suspend further attacks ahead of peace talks set to resume this week in Doha, Qatar.
2026-06-29
Treasury Yields Little Changed on Friday
The yield on the US 10-year Treasury note was little changed at 4.39% on Friday and is down 7 basis points on the week, after a broadly in-line PCE inflation report prompted investors to slightly scale back expectations for Fed rate hikes this year. Headline PCE inflation rose to 4.1%, while the core rate climbed to 3.4%, the highest since 2023 and well above the Fed’s 2% target, though both readings matched forecasts. Meanwhile, markets continue to monitor developments in the Middle East. Oil prices extended recent declines, even as geopolitical tensions resurfaced following an attack on a cargo ship near the coast of Oman in the Strait of Hormuz. Fed rate expectations remain elevated, with markets pricing in three rate hikes this year, and the probability of the first move in September standing at around 62%.
2026-06-26
US 10-Year Yield Holds Decline
The yield on the 10-year US Treasury note remained around 4.37% on Friday, hovering near seven-week lows as a benign inflation report reduced expectations for multiple Federal Reserve rate hikes this year. The latest US PCE inflation data came in broadly in line with forecasts, and although inflation remains well above the Fed's 2% target, the report eased concerns about a sharper-than-expected acceleration in price pressures. Even so, markets are pricing in an 80% chance of a Fed rate hike in December following last week's hawkish pause, while the probability of a September increase stands at around 63%. New York Fed President John Williams also said on Thursday that inflationary pressures are expected to moderate this year but remain too high.
2026-06-26