U.S. Treasury yields edge higher as investors await Fed Chair Warsh’s talks in Europe
U.S. Treasury yields rose on Wednesday, as investors awaited more data and clues on the Federal Reserve's monetary policy path.
Kass
Federal Reserve Chairman Kevin Warsh conducts a news conference after a meeting of the Federal Open Market Committee on Wednesday, June 17, 2026.
Tom Williams | CQ-Roll Call, Inc. | Getty Images
U.S. Treasury yields rose on Wednesday, as investors awaited more data and clues on the Federal Reserve's monetary policy path.
The yield on the benchmark 10-year Treasury note — the main benchmark for mortgages, auto loans and credit card debt — was 4 basis points higher at 4.461% at 4:45 a.m. ET.
The shorter-term 2-year note added 3 basis points to trade at around 4.17%, while the yield on the 30-year Treasury was up by 5 basis points.
Newly appointed Fed Chair Kevin Warsh is set to give a speech at the European Central Bank's annual policy forum in Sintra, Portugal, on Wednesday. Investors will be monitoring the talk for clues on what lies ahead for the Fed's monetary policy agenda.
At 9 a.m. ET, Warsh will also join a panel at the conference with CNBC's Sara Eisen, alongside the governors of the Bank of England, European Central Bank, and the Bank of Canada.
Markets are currently pricing in a 66.3% chance of the Fed keeping rates steady at its July meeting, and a 66.9% chance that it enacts at least a quarter-point hike at the subsequent FOMC meeting in September, according to the CME's FedWatch tool.
Investors will also be monitoring ISM Manufacturing PMI data due at 10 a.m. ET, as well as ADP employment figures due later this morning.
