US Treasury Yields Slip After Fed Split, Oil Falls
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- 10‑year Treasury yield fell 2 basis points to 4.653% in early trade, after reaching 4.687% on Tuesday – its highest level since January 2025.
- 30‑year Treasury yield slipped to 5.172% from a brief peak of 5.197%, the highest since July 2007.
- Federal Reserve left the federal funds rate unchanged at 3.5%–3.75% with an 8‑4 vote, the widest split in over three decades.
- West Texas Intermediate crude dropped 0.3% to $103.70 per barrel after two Chinese tankers carrying roughly 4 million barrels exited the Strait of Hormuz.
- President Trump warned he would strike Iran if diplomatic talks fail, while Iran’s foreign minister warned a return to war would bring “many more surprises.”
Why it matters: Investors watch the 10‑year Treasury yield at 4.653% as sticky inflation and Middle‑East tensions pressure risk assets, tightening market pricing. Borrowers see higher financing costs as yields edge up, while the Fed’s 8‑4 split underscores policy uncertainty.
