Macro2:22 PM ET

Treasury yields rise as Fed holds, two FOMC members dissent for hike

By BORSA NewsroomPublished Oct 28, 2026, 2:22 PM EDTUpdated Oct 28, 2026, 2:22 PM EDT

The Fed held rates unchanged on a 10-2 vote, with Cook and Hammack dissenting for a hike. The statement cited strong economic activity and resilient spending, while inflation remains elevated. The 10-year yield hit an intraday high of 5.04% ahead of Chair Warsh's presser.

Sentimentbearish 30

Bearish · 30 of 100

Impact70

medium · sector-wide

Confidence85%

high confidence · single wire

Eventdeveloping

v1 · alerted as breaking

WHAT WE KNOW

Fed held rates unchanged on a 10-2 vote
Cook and Hammack dissented in favor of a hike