Treasury Yields Edge Up

2026-09-22 15:02 By Joana Taborda 1 min. read

The yield on the US 10-year Treasury wavered before settling slightly higher at 4.97% on Tuesday, as traders continued to assess developments in the Middle East, oil prices and comments from Fed officials.

In his speech to the UN General Assembly, US President Trump defended his decision to join Israel in launching military action against Iran but added that he believes the US would reach a deal with Iran right after the midterm elections in November.

He also added that more oil is flowing than at any point since the war began and that prices will plummet once the conflict is over.

Oil prices remained mostly lower on Tuesday, though they recovered from their session lows.

Meanwhile, on the monetary policy front, Chicago Fed President Goolsbee said the central bank cannot overlook persistent supply shocks, while St. Louis Fed President Musalem said further rate increases may be needed to bring inflation back toward target.

Markets currently expect at least one more rate hike this year.



News Stream
Treasury Yields Edge Up
The yield on the US 10-year Treasury wavered before settling slightly higher at 4.97% on Tuesday, as traders continued to assess developments in the Middle East, oil prices and comments from Fed officials. In his speech to the UN General Assembly, US President Trump defended his decision to join Israel in launching military action against Iran but added that he believes the US would reach a deal with Iran right after the midterm elections in November. He also added that more oil is flowing than at any point since the war began and that prices will plummet once the conflict is over. Oil prices remained mostly lower on Tuesday, though they recovered from their session lows. Meanwhile, on the monetary policy front, Chicago Fed President Goolsbee said the central bank cannot overlook persistent supply shocks, while St. Louis Fed President Musalem said further rate increases may be needed to bring inflation back toward target. Markets currently expect at least one more rate hike this year.
2026-09-22
Treasury Yields Move Lower
The US 10-year Treasury yield fell nearly 2bps to 4.93% on Tuesday, reversing a modest early-session rise, as oil prices declined for a fifth straight session. Renewed hopes for a diplomatic solution to the conflict with Iran pushed oil down and helped ease concerns over inflationary pressures. Treasury yields have generally declined since the Fed raised rates last week for the first time since 2023, while Chair Warsh reaffirmed the central bank’s commitment to bring price stability, helping to restore its credibility. The decline in borrowing costs comes despite the Fed’s more hawkish tone, reinforced by recent comments from policymakers. Chicago Fed President Austan Goolsbee said the central bank cannot overlook persistent supply shocks, while St. Louis Fed President Alberto Musalem said further rate increases may be needed to bring inflation back toward target. Markets currently expect at least one more rate hike this year.
2026-09-22
US 10-Year Yield Rises on Hawkish Fed Signals
The US 10-year Treasury yield climbed about 3 basis points to 4.98% on Tuesday as hawkish comments from Federal Reserve officials strengthened expectations for further interest rate hikes. On Monday, Chicago Fed President Austan Goolsbee said the central bank cannot overlook persistent supply shocks, while St. Louis Fed President Alberto Musalem said additional rate increases may be necessary to bring inflation toward the Fed’s target. Investors now await speeches from Fed officials John Williams and Tom Barkin later today. Last week, the Fed raised rates for the first time in three years and signaled further tightening later this year to curb inflation. Meanwhile, oil prices fell for a fourth straight session as diplomatic efforts to end the Middle East conflict intensified and energy flows from the region remained steady, easing inflation concerns.
2026-09-22