Minneapolis Federal Reserve President Neel Kashkari said he believes it is time to “start slowly moving” interest rates higher to help bring down inflation to the Fed’s 2% target. During an interview on CNBC, the central bank official said he isn’t calling for a dramatic increase in rates, adding: “I don’t see evidence monetary policy is marginally restrictive right now, and I think we have more work to do to get inflation back down.
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Treasury yields are mixed as oil prices edge up. Mideast mediators are working on a temporary fix for the Strait of Hormuz, with the U.S. indicating a deal might be near. ADP says private employers added 44,000 jobs in July versus the WSJ consensus of 75,000.
Treasury yields held earlier overnight declines after the Treasury Department signaled–again–that it has no plans to increase the sizes of note-and-bond auctions for “at least the next several quarters.” The Treasury’s guidance, made as part of its quarterly refunding announcement, was the same that it has made for the past 11 quarters dating back to the start of 2024.
Bond yields remain elevated as the investors digest the Fed's policy moves.
Japan and the United States jolted the yen out of an historic slide. US and global stocks keep pressing toward records.
For the U.S., a weak yen is a potential problem because Japan is the world’s biggest single holder of U.S. Treasurys. With bond yields already high, the last thing Treasury Secretary Scott Bessent wants is more upward pressure from Japan selling down its U.
Treasury yields and the dollar decline amid renewed hopes of an agreement to reopen the Strait of Hormuz. The WSJ Dollar Index slips 0.1% as the greenback weakens 0.6% against the yen. Nonfarm payrolls are due Friday and expected to increase to 85,000 from 57,000, according to a WSJ consensus.
The Morning Bull - US Market Morning Update Monday, Aug, 3 2026 US stock futures are pointing higher this morning, with E-mini S&P 500 contracts up about 0.6% and Nasdaq-100 futures ahead by roughly the same amount. The move comes even as the US 10 year Treasury yield sits near a recent high around 4.73%, which keeps borrowing costs elevated for mortgages, credit cards and corporate debt. At the same time, US consumer sentiment has picked up to 55.2, while year ahead inflation expectations...
Fed Chairman Kevin Warsh left interest rates unchanged on Wednesday. Bond investors tightened the screws anyway.
Stocks were on track to end the week on an upbeat note after Big Tech earnings revived optimism in the artificial intelligence trade.
The market got a fresh batch of economic data, with new personal consumption expenditures and gross domestic product data released ahead of the opening bell. Inflation data came in cooler than expected. Core PCE, which excludes food and energy costs and is closely watched by the Federal Reserve, rose 0.1% from the month prior, below consensus estimates of 0.2% and the 0.3% increase seen in May. Headline PCE was roughly in line with expectations.
Bond yields stayed elevated on Thursday as Wall Street digested the Fed's decision to leave rates unchanged and Fed Chairman Kevin Warsh's comments.
Bond yields stayed elevated on Thursday as Wall Street digested the Fed's decision to leave rates unchanged and Fed Chairman Kevin Warsh's comments.
Yields on 30-year U.S. Treasurys rose further to hit 5.24%, a 19-year high, before paring gains slightly, in a sign of investors' worries about rising inflation and the Fed’s willingness to combat it. The Fed's statement yesterday delivered “a hawkish hold,” wrote economists at Barclays. “But this was unwound by a dovish presser in which Kevin Warsh emphasized tightening in financial conditions that now seems inconsistent with his reluctance to react to data.”
The yield on the 30-year U.S. Treasury bond spiked over 5%, touching levels not seen since the global financial crisis of 2007 after the Federal Reserve’s decision to keep rates steady.
The bond market got a bit of relief after the Fed left short-term rates steady again. Yields on two-year Treasuries fell by as much as four basis points after Wednesday's Fed decision to 4.252%, compared with the previous close. Yields had been higher most of the day leading up to the interest-rate announcement.
The Federal Reserve opted to keep short-term interest rates steady again on Wednesday. At the conclusion of a two-day policy meeting, the Federal Open Market Committee voted to keep its target for the federal-funds rate at 3.5% to 3.75% for the fifth straight meeting. Ahead of the announcement, the interest-rate futures market had the odds at 71% that officials would keep rates unchanged.
Renewed hostilities in the Middle East are pushing up Treasury yields as oil prices rally. The Iranian surprise attacks add uncertainty to U.S. monetary policy. Futures markets price in 64% odds of a hold by the Fed today, but bets on a hike rise to 36% from 31% yesterday, according to CME data.
The Morning Bull - US Market Morning Update Wednesday, Jul, 29 2026 US stock futures are mixed in early Tuesday trade, with broad S&P 500 contracts slightly in the red while Dow futures edge up. The key driver is the US 10 year Treasury yield hovering around 4.64% as investors brace for this week’s Federal Reserve decision. Markets see roughly a one in three chance of a rate hike now and about a 56% chance by September. At the same time, US durable goods orders for June rose 0.3% and a core...
Treasury yields take another step lower as hostilities remain suppressed in the Strait of Hormuz. Oil prices keep falling, with Brent down 2%. The WSJ Dollar Index is flat. The Conference Board Consumer Confidence Index for July is expected to tick higher to 92 from 91.
Stocks are beginning to feel the pressure from rising bond yields.
The latest escalation in the Middle East conflict has been tough on fixed-income investors. Global government bonds have tumbled this week, sending yields sharply higher, as surging oil prices revived inflation fears.
The Morning Bull - US Market Morning Update Friday, Jul, 24 2026 US stock futures are pointing lower this morning, with E mini S&P 500 contracts down about 0.4%, as investors react to higher borrowing costs and a jump in market volatility. The US 10 year Treasury yield is sitting near a two month high around 4.65%, which means mortgages, car loans and business financing can all become more expensive. At the same time, crude oil strength and geopolitical tensions are feeding worries that the...
Rising Treasury yields are weighing on equities as the S&P 500 breaks key technical levels, while charts suggest the 10-year yield could climb back toward 5%.
Rising Treasury yields are weighing on equities as the S&P 500 breaks key technical levels, while charts suggest the 10-year yield could climb back toward 5%.
Treasuries are getting hit hard thanks to data showing economic resilience and higher oil prices. Meanwhile, jobless claims unexpectedly plunged. Higher oil prices push up yields as investors demand more coupon for a potentially higher inflation print in the future.
Wall Street is eyeing the bond market’s long summer slump as oil price soar and debt levels escalate.
The Morning Bull - US Market Morning Update Thursday, Jul, 23 2026 US stock futures are pointing slightly lower this morning, as investors weigh higher bond yields and firm energy prices against softer jobs data. The US 10 year Treasury yield is trading near a two month high around 4.63%, which means borrowing stays relatively expensive for households and companies. Oil related tensions are feeding into that move, with a surprise US crude inventory build of 2.6 million barrels and emergency...
Bond yields continued to climb on Thursday as oil prices rose amid an escalating conflict in the Middle East.
Bond yields continued to climb on Wednesday as oil prices rose amid an escalating conflict in the Middle East.