empty
 
 

2026.07.0202:25:47UTC+00US 10Y Yield Holds Gains Ahead of NFP

The yield on the 10-year US Treasury note hovered around 4.48% on Thursday, holding on to recent gains as investors cautiously awaited the June jobs report for fresh evidence on labor market conditions and clearer guidance on the Federal Reserve’s policy path.

Data released on Wednesday showed that US private-sector hiring slowed more than expected in the latest month, while the ISM PMI indicated wholesale energy prices have fallen back to levels last seen before the Middle East conflict. Fed Chair Kevin Warsh also noted that inflation expectations had eased over the past month, suggesting there is no immediate need to raise interest rates. Still, he reaffirmed the central bank’s commitment to restoring price stability.

Futures markets continue to price in more than a 60% probability of a Fed rate hike in September. At the same time, increased oil shipments through the Strait of Hormuz and indications of progress in indirect US–Iran negotiations have weighed on oil prices, helping to temper inflation concerns.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $4000 more!
    In July we raffle $4000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback