Fed Holds Rates, 10-Year Yield Hits 4.4%

The Federal Reserve kept policy rates unchanged, marking its most divided vote since 1992 with three dissenting members.
Treasury 2-year note yield rose 7.8 basis points to 3.92%, the highest level since March 27, 2026.
Benchmark 10-year Treasury yield climbed 4.8 basis points to 4.402%, reaching its highest since March 30, 2026.
The Fed cited rising inflation concerns, prompting market anxiety and upward pressure on yields.