Day October 21, 2026

Budget, Personal Loans

One-Year Treasury Yield Runs 50 Basis Points Above the Fed’s 4% Ceiling

Wide view of a large neoclassical United States federal government building photographed from across an empty paved plaza in early morning light, a long colonnade of tall fluted stone columns receding into the distance and casting deep diagonal shadows across the pavement, bare tree branches entering at the left edge against a clear pale blue sky

The one-year Treasury yield reached 4.50% on October 19, a full 50 basis points above the Fed's 4.00% ceiling, pricing two more hikes before the October 28 FOMC vote.

Mitch Strohm
October 21, 2026