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Treasury yields edge higher and the curve flattens as markets price in a more hawkish Fed. Wednesday's hike boosts confidence in the Fed's commitment to fighting inflation. That makes shorter-term yields rise faster than long-term ones.

Markets opened on shaky footing on Monday. Damage to Saudi Arabia’s crucial East-West pipeline stoked worries about oil shortages and inflation, sending oil prices and bond yields higher. Just a few days later, both seem like a distant memory, as oil prices fall premarket and AI stocks jump.

US stock futures were little changed on Friday morning as investors continued to calibrate to the Federal Reserve's first rate hike in three years and existential fears about artificial intelligence's capabilities.

Stocks and bonds swooned yesterday after the Federal Reserve hiked interest rates for the first time in three years—only to reverse course and charge higher in premarket trading this morning. One explanation, according to Mohit Kumar, Jefferies’ chief European economist: Investors realize they may have overreacted to Fed Chairman Kevin Warsh’s hawkish tone. “I don't think Warsh indicated a series of rate hikes,” Kumar said.

Will history hold for the bond market?

JPMorgan Chase CEO Jamie Dimon said Wednesday he still isn't convinced the problem of high inflation has been defeated.

Stocks took a sharp turn and ended Wednesday's trading session lower after the Federal Reserve delivered a quarter-point increase in interest rates. The Dow tumbled 1.2% or 630 points. The S&P 500 dropped 0.

Fed Chairman Kevin Warsh did nothing to quell the bond market angst. Bond traders expected the Fed to raise interest rates. That should have quelled some angst and raised bond prices. Instead, the 10-year yield is elevated and above 5% mark.

The bond market's reaction to the Fed decision has so far been nothing to write home about. The Fed raised interest rates, a decision that was unanimous. Bond yields, both on the 2- and 10-year, were lower ahead of the decision.

For bond traders life is usually simple, steady and calm. This summer was anything but quiet–and Federal Reserve Chairman Kevin Warsh may be the key to fixing that. Over the past two months bond traders feeling unnerved by strong economic growth, inflation fears, and growing borrowing needs have moved fast to dump bonds.

The 10-year Treasury yield has popped up above 5% in each of the past two days. Many investors are probably wondering if it can stay above that level, and if so, for how long. If recent history is any guide, the answer is: not that long.

Here's a check of the markets in the first few minutes of trading.

Ten-year Treasury yields (^TNX) crossed above 5% for the first time since 2007. This comes ahead of the Federal Reserve's latest interest rate decision on Wednesday, where Wall Street is bullish that officials will hike rates. Zacks Investment Management chief market strategist Brian Mulberry comes on Opening Bid to address where other risks in the market may or may not be showing up.

The 10-year Treasury yield rose to its highest level since 2007 on Tuesday.

Risk appetite among money managers is starting to fade as they contend with bond-market volatility and the possibility of a Democratic win in the midterm elections. The biggest tail risk for markets is now a disorderly rise in bond yields, survey results showed—replacing “AI bubble” from last month’s survey. The results were taken even before the global bond selloff gathered steam this week, which has pushed the 10-year Treasury yield past 5%.

The 10-year yield hits its highest level in more than 19 years, summing up investors’ worries about a flurry of Fed interest-rate hikes.

The Fed is now being forced into a hike that will preserve its credibility. That could be good for stocks and long-term bonds.

Here's a check of the markets in the first few minutes of trading.

The yield on the 10-year Treasury note is holding below 5% after new data showed core consumer prices rising more than expected last month. The report reinforced bets that the Federal Reserve could raise interest rates next week, leading to an uptick in short-term Treasury yields, which are especially sensitive to the rate outlook.

Government bond yields are climbing around the world again, with the yield on the 10-year U.S. Treasury note moving closer to 5%. Here are some of forces driving them higher today: Rising oil prices.

Stocks were down on Thursday as investors watched for stress signs in the bond market as long dated bond yields as oil prices remain elevated .

The market reaction to President Trump’s proposal to give Americans $5,000? Let’s see. Bond yields, already at their highest level in years, ticked higher early Thursday after the president held out the prospect of a dividend payment should Republicans retain control of congress in the midterms.

Stocks fell on Monday as long-dated bond yields continued to climb amid surging oil prices, raising concerns that the Federal Reserve will need to hike rates at its policy meeting next week.

Stocks rose after the monthly jobs report

The Dow Jones Industrial Average, S&P 500 and Nasdaq edged lower today as a strong August jobs report provided another datapoint for Federal Reserve policy expectations. Also, diesel prices hit a record high, and another retail brand, Lululemon Athletica, took an earnings hit.

Stocks rose after the monthly jobs report

With the U.S. economy gaining 162,000 jobs in August and unemployment remaining on a steady course, Fed officials won't need to worry as much about labor conditions when weighing the possibility of raising interest rates later this month. If August's jobs growth had been weak again, it might have raised concerns that the economy wasn't strong enough for higher interest rates.

This week was a dramatic one for bond yields. Yields took another step down yesterday after Fed Governor Christopher Waller said he would support holding interest rates steady if August inflation data supports it.

The manager of Norway's $2.4 trillion sovereign-wealth fund proposed cutting its holdings of government bonds and adding riskier debt to boost returns. The move would shrink its portfolio of U.S. Treasurys by about $80 billion, according to WSJ calculations. The proposed changes would see the fund's exposure to U.S. Treasurys fall to 21.9% of its bond portfolio from 34.1%.

As long-term bond yields climb to new heights, a divide over what is driving the historic run-up has opened between Federal Reserve policymakers and Wall Street.