US 10-Year Yield Holds Advance

2026-08-28 02:14 By Jam Kaimo Samonte 1 min. read

The yield on the 10-year US Treasury note traded around 4.67% on Friday after rising for two consecutive sessions, as investors awaited Federal Reserve Chair Kevin Warsh’s speech at the annual Jackson Hole symposium later in the global day for clues about the outlook for US interest rates.

Treasury yields also found support from a hotter-than-expected US inflation reading this week that strengthened expectations for a Fed rate increase before year-end, with the probability of a hike by December remaining above 70%.

For the upcoming September meeting, markets are currently pricing in around a 65% chance that the Fed will keep rates unchanged.

Meanwhile, Kansas City Fed President Jeff Schmid said monetary policy is not restraining the economy.

Elsewhere, investors continued to assess the implications of the US Treasury’s expanded debt buyback program, which heightened concerns about the risks of a US debt crisis and potential dollar weakness.



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