--- type: "News" locale: "en" url: "https://longbridge.com/en/news/294267135.md" description: "At the New York close on July 29, the yield on the U.S. 10-year Treasury note rose 7.10 basis points to 4.6773%, fluctuating under the influence of the Federal Reserve's decision to hold rates steady and Chair Wash's press conference; the yield on the two-year U.S. Treasury note fell 1.44 basis points to 4.2726%" datetime: "2026-07-29T21:50:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294267135.md) - [en](https://longbridge.com/en/news/294267135.md) - [zh-HK](https://longbridge.com/zh-HK/news/294267135.md) generator: "portal-rs" --- # On Wednesday (July 29), at the New York close, the yield on the U.S. 10-year benchmark Treasury note rose 7.10 basis points to 4.6773%. It traded within a range of 4.6042%-4.6956% during the session. The intraday low was hit at 02:00 Beijing time when the Federal Reserve announced its decision to hold rates steady (with only a brief and slight decline overall during the day). After Federal Reserve Chair Wash's press conference concluded, the yield hit an intraday high at 04:16, approaching the peak of 4.7117% on July 24, the peak of 4.8069% on January 14, 2025, and the peak of 5.0187% on October 23, 2023. The yield on the two-year U.S. Treasury note fell 1.44 basis points to 4.2726%. It traded within a range of 4.3345%-4.2150% during the session. The yield plunged towards 4.24% upon the release of the interest rate decision statement and quickly hit a new intraday low after the conclusion of Chair Wash's press conference. ## Related News & Research - [30-Year Treasury Yield Rises to 5.276% This Week — Data Talk](https://longbridge.com/en/news/296647812.md) - [Massive Put Options Trading in Bank of NY Mellon - Out-of-the-Money 3.33% Yield](https://longbridge.com/en/news/296256958.md) - [30-Year Treasury Yield Falls to 5.284% — Data Talk](https://longbridge.com/en/news/296265031.md) - [2-Year Treasury Yield Rises to 4.185% — Data Talk](https://longbridge.com/en/news/296530144.md) - [Japan's 10-year bond yield hits a 30-year high as growth data disappoints](https://longbridge.com/en/news/296086191.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**