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The stock market was rising ahead of Kevin Warsh’s first Federal Open Market Committee meeting press conference. The Dow was up just 135 points, or 0.3%, after hitting another record on Tuesday. The Nasdaq was up 0.4%.

Treasury yields tick higher ahead of the first interest rate decision under Fed Chairman Kevin Warsh. Rates are expected to remain unchanged. Investors are curious about how Warsh will change the central bank's communications with the public and its forward guidance.

Demand for Treasuries picks up, sending yields lower, as details of the announced peace deal with Iran remain unclear and the first two-day Fed meeting with Warsh as chairman starts. Oil prices fall nearly 5% and the WSJ Dollar Index is flat.

Treasury yields and the dollar slip as President Trump and Iran agree to sign a peace deal later this week while markets brace for the first Fed meeting under Chairman Warsh. The U.S.-Iran pact is expected to restore normal oil trade through the Strait of Hormuz.

News of a deal between Washington and Tehran that could reopen the Strait of Hormuz has prompted investors to pare back bets on higher rates this morning. The thinking: If oil starts flowing more freely, energy prices would likely fall, reducing inflationary pressure and giving the Fed less reason to increase rates. It's a reversal from just a week ago, when investors were still digesting news of a stronger-than-expected May jobs report.

Treasury yields and the dollar rise amid hotter-than-expected U.S. wholesale inflation and as President Trump renews military threats against Iran. May PPI was 1.1%, matching April's advance and beating WSJ consensus of 0.

The stock market’s slide continued on Wednesday after the latest inflation report failed to rouse Wall Street. The Dow fell 340 points, or 0.7%. The yield on the 2-year Treasury note was down to 4.12%.

Treasury yields and the dollar are little changed from Tuesday, as U.S. inflation meets expectations and the war in Iran flares up. The 12-month May CPI accelerates to 4.2% from 3.8% in April. Ex-energy and food, core inflation is a milder 2.

Stock futures were still trading lower after the consumer price index for May matched expectations. The headline CPI rose at a 4.2% annual rate, which was in line with the consensus among economists. The core CPI, which excludes volatile food and energy prices, rose at a 2.9% annual rate, which was also in line with expectations.

Investors cautiously return to bond markets, sending Treasury yields slightly lower and softening some of the selloff triggered by Friday's stronger-than-expected jobs report. The dollar follows a similar path.

The hot May jobs report added to the inflation concerns that have increasingly fueled Wall Street's bets that rate hikes may be more likely than cuts this year. Futures markets Friday suggested a roughly 58% likelihood of at least one rate hike by year's end, according to CME's FedWatch tool.

Bonds might not be the safety net they used to be if inflation stays high.

Freddie Mac’s weekly 30-year fixed mortgage rate average rose 0.15 percentage point to 6.51%, the biggest weekly gain since late March and the highest rate since the week of August 28, 2025. Geopolitical uncertainty and concerns about inflation are among the factors dragging Treasury yields higher—and, by extension, mortgage rates. The iShares U.S. Home Construction exchange-traded fund, which tracks home builders, was down about 1.3%, while the 10-year Treasury yield, which informs the direction of mortgage rates, was 0.028 percentage point higher, to 4.620%.

Treasury yields give back some of their overnight increases as markets wait for a U.S.-Iran peace deal while U.S. indicators support the Fed's wait-and-see approach. Weekly requests for unemployment benefits decline to 209,000 from an upwardly revised 212,000, versus WSJ consensus of 210,000.

Interest rates, economic growth expectations, inflation trends, and credit conditions often determine which parts of the market lead and which fall behind. Dow Industrials trading near the very round 50,000 level is beginning to resemble a potential double top relative to the February peak. Bearish RSI divergence, marked by lower highs in April and May even as the Dow pushed upward, suggests upside momentum is fading.

Hotter-than-expected consumer and wholesale price readings this week have rattled investors, who were already fretting about the war in the Middle East driving up fuel costs. President Donald Trump said overnight that the U.S. doesn’t need the Strait of Hormuz open “at all,” adding to worries that the stalemate between the U.S. and Iran could drag on.

The benchmark 10-year U.S. Treasury yield is rising toward its highest level in nearly a year, as rising oil prices fan fears about inflation again. The yield topped 4.54% in early trading this morning, as Brent crude futures rose above $109 barrel. President Trump's summit with Chinese leader Xi Jinping concluded this morning, and while Trump said both he and Xi want the war to end, the meeting publicly yielded little in the way of concrete steps toward a resolution.

Demand for Treasuries picks up overnight, and yields fall, as President Trump meets with China's Xi Jinping amid U.S. inflation jitters. Weekly jobless claims stay with a long-standing range, rising to 211,000 from a downwardly revised 199,000.

Stocks are hitting records as earnings surge. Meanwhile, bonds are competing harder for investor cash.

US Treasury yields rose to their highest levels in 10 months as investors digested two hotter-than-expected inflation readings.

Tuesday’s hot inflation reading has added to pressure in the bond market, pushing Treasury yields closer to their highest levels of the year. In recent trading, the yield on the benchmark 10-year U.S.

The Treasury is set to auction $42 billion worth of bonds that expire in 10 years this afternoon. The auction comes after the latest inflation report revealed that the central bank remains far from its 2% target. Expectations of stubborn prices make investors demand higher yields to make up for the loss in a bonds’ purchasing power.

Consumer prices jumped more than expected in April, a sign that inflation is accelerating as the Iran war's fallout ripples through the economy. The headline consumer price index rose 0.6% from the previous month and 3.8% from a year earlier, above the 0.59% monthly gain and 3.7% annual increase economists had forecast, according to a survey by FactSet. The 3.8% annual increase marks the fastest pace of price growth since May 2023 and is also a notable jump from March, when CPI rose 3.3% year over year.

Treasury yields rise as U.S. inflation accelerates while Middle East tensions remain high. Consumer prices rise at a 3.8% 12-month pace, accelerating from 3.3% in March. Economists surveyed by WSJ expected 3.

Stocks are inching lower on Monday in anticipation of a pivotal week, with data on inflation and retail sales. The Dow was down 68 points, or 0.1%, while the S&P 500 was down 0.1%. Markets are awaiting an update on prices, especially gasoline when the consumer price index is released Tuesday morning.

U.S. Treasury yields are choppy following a stronger-than-expected April jobs report. While the economy added more jobs than anticipated last month, bond investors were taking the data in stride. Many have become less worried about the labor market in recent months and shifted their focus to energy prices and the state of U.

Inflation remains above the Fed's 2% target and Powell says there are too many factors set to hit inflation in the coming months to consider cutting interest rates right now. After three Fed presidents said they disagreed with language in the April FOMC statement that indicated an easing bias for the Fed, markets are moving to price in lower odds of an interest-rate cut in 2026. Markets are now pricing in just a 1.3% chance of a cut this year, down from an 18% chance just a day ago, per the CME FedWatch Tool. While Powell said there wasn't discussion of near-term interest rate hikes during the most recent meeting, markets are starting to price a slim chance of a rate increase.

It’s no secret that the Trump administration has consistently pushed the Fed to cut interest rates. Fed Governor Miran, one of the Fed’s most vocal advocates for lower rates, said at a Washington forum this month that he has scaled back his outlook from four cuts this year to potentially three, acknowledging the inflation picture had grown more complicated even before the conflict with Iran began. Treasury Secretary Scott Bessent went a step further at a separate conference, saying cuts should come eventually but that waiting for clarity on the Iran situation is reasonable.

Chair Powell said in late March that policy is “in a good place to wait and see,” a view Governor Michael Barr and others have shared. In early April, St. Louis Fed President Alberto Musalem said he believes the current rate will likely remain appropriate for some time, though he left the door open to both cuts and hikes depending on how conditions evolve. Gov. Christopher Waller has warned that an energy shock on top of existing tariff pressure could produce a more lasting rise in inflation, drawing a comparison to the pandemic-era sequence of supply shocks.

The majority of investors don't see the Fed cutting interest rates again until October 2027, according to the CME FedWatch tool. The outlook for an extended rate pause comes as oil prices surge once more and inflation remains well above the Fed's 2% for the fifth consecutive year.