S. Treasury yields rose on Wednesday after the Federal Reserve raised interest rates and flagged further increases in borrowing costs in the coming months to control inflation.

738%, their highest level since July 2024. The benchmark 10-year yield turned higher.

The decision on the rate increase, which was the Fed's first in over three years, was unanimous. New policy projections showed 16 of 18 policymakers anticipate at least one more quarter-percentage-point hike by the end of this year.

Warsh did not submit a rate projection.... it's coming back up higher here.

So, maybe it helps the long end a little bit, but the front end's still worried about another hike later this year, and then who knows what for 2027," said JP Powers, chief investment officer at RWA Wealth Partners in Boston. 5% from 54% prior to the hike, according to CME Group's FedWatch Tool.

S. S.

994% after briefly turning higher. S.

5 basis points, the flattest since June 30. S.

417% on Tuesday. 3% a year for the next decade.