Press Enter to search · ESC to close

Macro

US 10-Year Treasury Yield Falls 9 Basis Points to 4.93% After Fed Rate Hike

The US 10-year benchmark Treasury yield fell 9.22 basis points to 4.9304% in late New York trading on Thursday, September 17, the day after the Federal Reserve’s September rate hike, trading between 5.0062% and 4.9283%. It dropped below the 4.9323% low touched when the Fed announced the hike and its dot plot signaled one more increase in 2026. The two-year yield fell 7.18 basis points to 4.6641%.

Original source

AI take

The move is notable because yields fell after a hike, and the 10-year broke beneath the low set when the Fed delivered both the increase and a dot plot pointing to another in 2026. The front end easing less than the long end implies the curve steepened rather than a clean dovish repricing. Whether that steepening reflects growth or term-premium concerns, and whether it persists, is the open question.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback