The yield on US Treasury bonds remains largely unchanged, with the Federal Reserve meeting looming.

date
26/01/2026
Before the Federal Reserve meeting, the US Treasury yield remained stable despite outdated data and escalating political tensions. Data delayed due to the government shutdown in October showed a 5.3% increase in durable goods orders in November, higher than the average economist's expectation of 4.5% from The Wall Street Journal survey, with October data revised to a 2.1% decline. The market expects the Federal Reserve to keep interest rates unchanged on Wednesday, and Fed Chairman Powell may face questions about the central bank's independence. The threat of a government shutdown has increased as Democrats will support funding tied to immigration law enforcement adjustments. The 10-year US Treasury yield is 4.227%, the 2-year US Treasury yield is 3.605%, both holding steady from Friday. The Wall Street Journal US dollar index is unchanged, with gold up 1.5%.