US 10-Year Treasury Yield Edges Up

2026-08-06 11:35 By Joana Taborda 1 min. read

The yield on the US 10-year Treasury note edged higher to 4.64% on Thursday as investors continued to assess the path of interest rates.

A report from FT showed Chair Warsh is set to stick with lean Fed messaging despite market backlash.

Still, he would be prepared to raise rates in September if inflation readings released in coming weeks are hot, the FT reported.

Markets see around a 58% chance of a Fed rate hike next month, down from 68% on Monday.

Attention now turns to the US jobs report, which is expected to provide fresh insight into labour market conditions.

Investors expect payroll growth to remain resilient, although ADP data released earlier this week showed private-sector hiring slowed sharply in July.

Meanwhile, announced job cuts fell to their lowest level in two years.

At the same time, a lasting agreement between the US and Iran appears unlikely in the short term, keeping pressure on energy prices and sustaining concerns that higher commodity costs would fuel inflation.



News Stream
US 10-Year Treasury Yield Edges Up
The yield on the US 10-year Treasury note edged higher to 4.64% on Thursday as investors continued to assess the path of interest rates. A report from FT showed Chair Warsh is set to stick with lean Fed messaging despite market backlash. Still, he would be prepared to raise rates in September if inflation readings released in coming weeks are hot, the FT reported. Markets see around a 58% chance of a Fed rate hike next month, down from 68% on Monday. Attention now turns to the US jobs report, which is expected to provide fresh insight into labour market conditions. Investors expect payroll growth to remain resilient, although ADP data released earlier this week showed private-sector hiring slowed sharply in July. Meanwhile, announced job cuts fell to their lowest level in two years. At the same time, a lasting agreement between the US and Iran appears unlikely in the short term, keeping pressure on energy prices and sustaining concerns that higher commodity costs would fuel inflation.
2026-08-06
US 10-Year Yield Holds Decline
The yield on the 10-year US Treasury note hovered around 4.6% on Thursday, down about 10 basis points so far this week as the partial reopening of the Strait of Hormuz continued to pressure oil prices, easing inflation concerns and reducing expectations for more aggressive Federal Reserve tightening. Iran and Oman reached an agreement to establish a shipping corridor through the strait, boosting hopes for stronger energy flows from the Middle East. In response, markets pared expectations for Fed interest rate hikes this year, now pricing in just one increase by year-end, down from two as recently as last week. Meanwhile, Fed Governor Lisa Cook reiterated that she is prepared to raise rates if inflation does not continue to ease. Separately, San Francisco Fed President Mary Daly said she supported the central bank’s decision to leave rates unchanged last week, while cautioning that persistently elevated inflation may require a more forceful policy response.
2026-08-06
US 10-Year Holds Pullback
The yield on the 10-year US Treasury note was at 4.6% on Wednesday, holding the retreat from the 18-month high of 4.75% this week as lower fuel prices limited the risk of a rate hike by the Federal Reserve. Wholesale gasoline and diesel prices declined from recent peaks as US officials continued to signal efforts toward an agreement with Iran that would restore energy exports from the region. The developments softened risks of unrestrained price growth after soaring oil prices raised core inflation rates in the second quarter. The argument for doves in the FOMC was also strengthened by a tame ADP employment report. Still, the yield curve remained sharply higher since the Fed's July decision. Chairman Warsh hesitated to confirm that higher Fed funds rates are desired to fight inflation, driving the long end of the curve to surge while the short end eased. Accordingly, the Treasury allocated the bulk of higher debt needs in bills, opting to keep notes and bond issuance unchanged.
2026-08-05