U.S. 2-Year Yield Hits 4.30%, Highest Since February 2025, as Fed Rate Hike Odds Surge to 33.7%

According to YNA Infomax data, on July 22 (3 p.m. ET), the U.S. 2-year Treasury yield climbed to 4.3020%, marking its highest level since February 2025, while Fed funds futures reflected a 33.7% probability of a rate hike at next week's FOMC meeting (July 28-29), up from roughly 20% a day earlier. The 10-year yield rose 2.90 basis points to 4.6570%.

Meanwhile, Brent crude futures for September delivery surged 3.36% to $94.07 per barrel, reaching its highest close since June 8 amid escalating U.S.-Iran tensions and heightened expectations for the Federal Reserve's policy stance shift.