Was October 28, 2026 a good day for bonds?
KINDA
Kinda — early trading nudged yields up, which hurts bond prices, but the Fed decision is still pending today.
Why
- 10-year Treasury yield was near 5.01% early Wednesday, up about 2 basis points.
- Yields rising means bond prices are falling, so the open leaned slightly negative.
- The Federal Reserve's rate decision is due later in the session, so the verdict could still flip.