Treasury Yields, Dollar Fall on Fed Hawkish Hold -- Market Talk

1417 ET - Treasury yields and the dollar fall on the Fed's decision to keep rates steady. Markets had been mostly pricing a hold, but nearly a third of investors bet on a hike, according to fed futures markets via CME. The decision has three dissents voting for a rate increase, likely boosting odds of a September hike. Energy prices driven by the war in Iran remain a worrisome factor in monetary-policy decisions. The two-year Treasury yield, which is more sensitive to Fed moves, falls to 4.281% from 4.316% ahead of the decision. The 10-year slips to 4.627% from 4.637%. The WSJ Dollar Index is down 0.2% after trading flat earlier. (paulo.trevisani@wsj.com; @ptrevisani)

(END) Dow Jones Newswires

July 29, 2026 14:18 ET (18:18 GMT)