30-Year Treasury Hits 5.13% as Long Bonds Sell Off Worldwide
U.S. 30-year yield closed at 5.128% on May 15, 2026 — highest since May 2025. UK, German and Japanese long bonds are also at or near 52-week highs. What broke.
Federal Reserve & Rates
Fed’s Miran Resigns, Handing Trump a Fresh Board Vacancy
Stephen Miran resigned from the Federal Reserve Board on May 14, 2026, giving President Trump another seat to fill ahead of the June FOMC.
BoJ at 0.75% Meets the Fed at 3.625%: The Yen Trade Explained
The widest policy-rate gap between Washington and Tokyo since the 1990s is keeping the yen on the back foot. Here is what the May 2026 capital markets picture looks like.
How the Fed Sets Interest Rates — and Why It Moves Markets
Inside the FOMC: how the Fed targets the federal funds rate, how QE and QT work, and why each decision ripples through stocks, bonds, and mortgages.
Norway Hikes to 4.25%: Europe’s Lone Rate Riser in 2026
Norges Bank raised its benchmark rate to 4.25% on May 6, 2026 — the only major European central bank to hike this year — as Norway’s CPI stayed at 3.6%, well above target.
Fed’s Third Rate Hold Drives Yields Toward 2026 Highs
The Fed held rates at 3.5%–3.75% for a third straight meeting. With the 10-year yield near its 2026 high and investors pricing no cut until late 2027, capital markets face a prolonged high-rate environment.
30-Year Treasury Crosses 5%: What It Means for Mortgages and Markets
The 30-year Treasury yield closed at 5.025% on May 4, 2026 — crossing a key threshold. Here’s what the curve’s steepest gap since 2022 signals for rates, mortgages, and capital markets.
30-Year Treasury Near 5%: The Forces Keeping U.S. Borrowing Costs High
The 30-year Treasury yield stands at 4.987% on April 30, 2026 — nearly 5% — as term premium surges on sticky inflation, rising supply, and fading foreign demand for US debt.
Fed Holds at 3.50–3.75%: Bond Markets Navigate a 16-Month Rate Pause
The FOMC’s April 29 decision leaves the federal funds rate unchanged for a 16th consecutive month, as Treasury yields hold firm and corporate borrowers weigh their next move.
Kevin Warsh Fed Nomination: What It Signals for Rates and Bonds
Kevin Warsh’s Senate confirmation hearing sent measured signals through bond markets and rate desks. Here’s what his nomination means for monetary policy, Treasury yields, and credit markets.