Fed holds interest rates steady

Kevin Warsh, U.S. President Donald Trump’s nominee for Chair of the Federal Reserve, testifies during his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearing in the Dirksen Senate Office Building on April 21, 2026 in Washington, DC. Andrew Harnik | Getty Images Treasury yields rose Wednesday after the Kevin Warsh-led Federal Reserve signaled…

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Treasury yields slide after Memorial Day break

Treasury yields fell on Tuesday as bond markets returned from a Memorial Day break to bolstered hopes of a Middle East peace deal, even as the U.S. military conducted fresh strikes on Iran.  The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell more than 6 basis…

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Wall Street set for a winning week

Traders work on the floor of the New York Stock Exchange during morning trading on May 21, 2026 in New York City. Michael M. Santiago | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter. What a difference a week makes. On Monday,…

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Treasury yields, Nikkei 225, Kospi

Bird’s-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images Asia-Pacific markets were poised to open mixed Wednesday as investors weighed elevated bond yields and renewed geopolitical tensions after U.S. President Donald Trump said he was “an hour away” from deciding whether to attack Iran on Tuesday…

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