{"id":464454,"date":"2026-05-28T13:56:15","date_gmt":"2026-05-28T13:56:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/464454\/"},"modified":"2026-05-28T13:56:15","modified_gmt":"2026-05-28T13:56:15","slug":"treasury-yields-are-little-changed-after-in-line-u-s-inflation-report","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/464454\/","title":{"rendered":"Treasury yields are little changed after in-line U.S. inflation report"},"content":{"rendered":"<p>Treasury yields were little changed Thursday after <a href=\"https:\/\/www.cnbc.com\/2026\/05\/28\/oil-prices-us-strikes-in-iran-revive-strait-of-hormuz-turmoil-fears.html\" rel=\"nofollow noopener\" target=\"_blank\">Iranian strikes<\/a> on a U.S. military base earlier in the session sent oil prices higher, while new U.S. data reflected persistent inflation.<\/p>\n<p>The yield on the\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/US10Y\/\" rel=\"nofollow noopener\" target=\"_blank\">10-year U.S. Treasury<\/a>\u00a0note \u2014 the main benchmark for mortgages, auto loans and credit card debt \u2014 was flat on the day at 4.479%.<\/p>\n<p>The\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/US2Y\/\" rel=\"nofollow noopener\" target=\"_blank\">2-year Treasury note<\/a>\u00a0yield, which is more sensitive to short-term Federal Reserve interest rate decisions, ticked higher by nearly 1 basis point to 4.041%. The longer-dated <a href=\"https:\/\/www.cnbc.com\/quotes\/US30Y\/\" rel=\"nofollow noopener\" target=\"_blank\">30-year Treasury bond<\/a>\u00a0yield, which typically reacts to political risks, was less than 1 basis point lower at 5.006%.<\/p>\n<p>One basis point is equal to 0.01%, and yields and prices move in opposite directions.<\/p>\n<p>WTI crude traded 2.5% higher at $90.89 per barrel. Brent climbed 2% to $96.21.<\/p>\n<p>Elevated oil prices have led to growing inflation fears, leading traders to pare down expectations for Federal Reserve rate cuts. New data released Thursday pointed to elevated price pressures<\/p>\n<p>The personal consumption expenditures price index, the Fed&#8217;s preferred inflation gauge, rose 3.8% <a href=\"https:\/\/www.cnbc.com\/2026\/05\/28\/core-inflation-hit-an-annual-rate-of-3point3percent-in-april-as-expected-feds-preferred-gauge-shows-.html\" rel=\"nofollow noopener\" target=\"_blank\">in April from the year-earlier period<\/a>. And while yields pared gains after the data was in line with expectations, some on the Street are concerned about the persistent inflationary pressures. <\/p>\n<p>&#8220;If Washington economic officials were looking for evidence to back up claims there is no cost-of-living crisis in America, they will have to look elsewhere because PCE consumer inflation is still heating up in April as the Iran war pushes energy costs sharply higher,&#8221; Chris Rupkey, chief economist at FWDBonds.<\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Treasury yields were little changed Thursday after Iranian strikes on a U.S. military base earlier in the session&hellip;\n","protected":false},"author":2,"featured_media":126680,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[151246,1577,933,114,357,1675,184,2784,85,46,2972,4316,1032],"class_list":["post-464454","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-lco26n","tag-bonds","tag-breaking-news-economy","tag-business","tag-business-news","tag-economic-events","tag-economy","tag-government-debt","tag-il","tag-israel","tag-prices","tag-u-s-economy","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/464454","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=464454"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/464454\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/126680"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=464454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=464454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=464454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}