business
2-year Treasury yield rockets higher as many Fed officials signal possible hike this year
Key takeaways
- Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
- The 2-year Treasury note yield, which more closely tracks short-term Fed interest rate policy, climbed 9 basis points to 4.136%.
- Treasury note — the key benchmark for U.S. government borrowing — rose 2 basis points to 4.447%.
Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
U.S. Treasury yields rose on Wednesday after the Kevin Warsh-led Federal Reserve held interest rates steady and removed key language indicating a bias towards future cuts, with many central bank officials signaling potential hikes in 2026.
The 2-year Treasury note yield, which more closely tracks short-term Fed interest rate policy, climbed 9 basis points to 4.136%. The longer-dated 30-year Treasury bond yield shed 1 basis point to 4.919%.
Article preview — originally published by CNBC. Full story at the source.
Read full story on CNBC →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from CNBC alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop