US 10-Year Yields Breach 5% Again as Hawkish Fed Signals Intensify Inflation Risks

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Source: Investing.com
TL;DR

U.S. Treasury yields rose across the curve, with the 10-year yield topping 5% again on hawkish Fed signals after the rate hike to 3.75%-4.00% and a SEP/dot plot indicating more hikes this year; the 10-year hovered around 5.01%, the 2-year at about 4.72%, and the 30-year near 5.35%. Brent crude stayed above $113 amid Middle East supply concerns, while soft regional data and the Fed’s inflation projections suggested a higher-for-longer path and a core PCE return pushed to 2029.

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