US 10-Year Treasury Yield Continues to Rise

2026-07-30 11:21 By Joana Taborda 1 min. read

The yield on the US 10-year Treasury note edged up to 4.69% on Thursday, extending the previous session's 7bps increase and returning to its highest level since January 2025.

Meanwhile, the yield on the 30-year Treasury bond surged to 5.23%, its highest level in 19 years, as investors continued to assess the latest FOMC decision and Chair Warsh's press conference.

As expected, the Fed left the federal funds rate unchanged but three FOMC members voted in favor of a rate hike.

While Chair Warsh reiterated the Fed's commitment to bringing inflation under control and stressed that policymakers would not hesitate to act if necessary, he was not among those advocating an immediate increase and refrained from offering clear forward guidance, leaving investors viewing the central bank as merely postponing what they see as an inevitable rate hike.

The implied probability of a 25-basis-point rate hike in September has fallen to around 63%, down from nearly 80% before the Fed's decision.



News Stream
US 10-Year Treasury Yield Continues to Rise
The yield on the US 10-year Treasury note edged up to 4.69% on Thursday, extending the previous session's 7bps increase and returning to its highest level since January 2025. Meanwhile, the yield on the 30-year Treasury bond surged to 5.23%, its highest level in 19 years, as investors continued to assess the latest FOMC decision and Chair Warsh's press conference. As expected, the Fed left the federal funds rate unchanged but three FOMC members voted in favor of a rate hike. While Chair Warsh reiterated the Fed's commitment to bringing inflation under control and stressed that policymakers would not hesitate to act if necessary, he was not among those advocating an immediate increase and refrained from offering clear forward guidance, leaving investors viewing the central bank as merely postponing what they see as an inevitable rate hike. The implied probability of a 25-basis-point rate hike in September has fallen to around 63%, down from nearly 80% before the Fed's decision.
2026-07-30
US 10-Year Yield Holds Advance
The yield on the US 10-year Treasury note held around 4.68% on Thursday after climbing nearly 10 basis points in the previous session, as the Federal Reserve kept interest rates unchanged, though three FOMC members dissented in favor of a rate hike. Chair Kevin Warsh also stressed that the decision to keep rates steady should not be viewed as a sign of policy inertia, adding that markets would continue to chart their course based on incoming economic data. In the Middle East, the US was reportedly carrying out fresh air strikes on Iran following attacks on American forces in the region. Meanwhile, both sides remained unable to reach a potential agreement as Tehran insisted on maintaining control of the Strait of Hormuz, leaving investors concerned about inflation and the outlook for interest rates. Elsewhere, the Bank of England and the Bank of Japan are also widely expected to leave interest rates unchanged this week.
2026-07-30
US 10-Year Treasury Yield Rises After Fed Decision
The yield on the US 10-year Treasury note increased to 4.66% on Wednesday after the Fed left the federal funds rate unchanged, broadly in line with expectations, despite markets assigning roughly a one-in-three probability to a rate hike. However, three FOMC members dissented in favor of a 25bps increase. During the regular press conference, Chair Warsh did not provide much guidance but said the central bank "where necessary and appropriate, will not hesitate to act” and that higher rates “could well be part of the solution" to remedy too-high inflation. Markets currently assign roughly a 54% probability of a rate hike, lower than nearly 80% before the decision. Looking further ahead, around two additional quarter-point rate hikes remain fully priced in by the middle of next year. Meanwhile, oil prices resumed their upward trend as hostilities in the Middle East intensified.
2026-07-29