Was October 28, 2026 a bad day for the 10 year treasury?
KINDA
Kinda — yields edged up today, so bond prices slipped slightly, but the Fed decision is still pending.
Why
- 10-year yield rose to about 5.01-5.03% early Wednesday, up roughly 2 basis points.
- Yields move inversely to prices, so higher yields mean slightly lower bond prices.
- The Fed announces its rate decision later today, which could move yields either way.