US 10-Year Yield Eases Ahead of FOMC Minutes
2026-08-19 02:12
By
Jam Kaimo Samonte
1 min. read
The yield on the 10-year US Treasury note eased below 4.7% on Wednesday, retreating from recent highs as investors awaited the minutes of the Federal Reserve’s July meeting for fresh insights into the monetary policy outlook.
The Fed left interest rates unchanged last month, though three officials dissented in favor of a rate hike, a split that traders will scrutinize for further details.
Earlier this week, Treasury yields surged, with the 30-year US Treasury yield reaching a 19-year high, as rising debt issuance and concerns about persistent inflation fueled a selloff in longer-dated bonds.
US corporate bond issuance has also remained in focus, with estimates suggesting AI-related companies could issue as much as $1.5 trillion in debt this year.
The surge in dollar-denominated fixed-income supply has added to concerns over expanding fiscal deficits in the US and other G10 economies, prompting investors to demand higher term premiums across global bond markets.