Treasury Yields Lose Steam as Fed Holds Rates Steady -- Market Talk
Dow Jones2026/07/29 19:531553 ET - Treasury yields are mixed as the Fed holds interest rates unchanged with three dissenters voting for an increase. Chairman Warsh reaffirms the commitment to bring inflation down to 2%, while staying away from explicit forward guidance. Crude rallies 7% on renewed hostilities in the Middle East. Tomorrow, June PCE inflation is expected to cool, and so is 2Q GDP, according to WSJ consensus. Jobless claims are forecast to tick higher. The 10-year yield rises 0.017 percentage point to 4.621% and the more Fed-sensitive two-year falls 0.040 p.p. to 4.235%. (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
July 29, 2026 15:53 ET (19:53 GMT)
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