TREASURY YIELDS SURGE AFTER FED HOLD U.S. 30-year Treasury yields climbed to a 19-year high of 5.24% after the Federal Reserve left rates un
TREASURY YIELDS SURGE AFTER FED HOLD U.S. 30-year Treasury yields climbed to a 19-year high of 5.24% after the Federal Reserve left rates unchanged but offered little guidance on its next move. Markets scaled back expectations for a September rate hike, while analysts warned uncertainty over the Fed's inflation stance, combined with Middle East tensions and higher oil prices, could keep long-term yields elevated.
Story updates
10:28:02 AM UTC
SquawkNews
TREASURY YIELDS HIT 19-YEAR HIGH US Treasury yields climbed after the Federal Reserve held interest rates, with the 30-year yield reaching a 19-year high of 5.24%. Three Fed officials dissented in favor of a rate hike, highlighting concerns over persistent inflation. The dollar slipped 0.1% as investors weighed the uncertain policy outlook.
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.