---
title: BOK Delivers First Rate Hike Since Early 2023 Amid Chip-Led
description: "Treasuries (close 2026-07-15): 2s 4.13% (-5.0bp), 10s 4.55% (-3.0bp), 30s 5.08% (+0.0bp). Tape (close 2026-07-15): VIX 15.67, 2s10s +42bp."
source: Helious
canonical: "https://helious.io/news/brief-2026-07-16/bok-delivers-first-rate-hike-since-early-2023-amid-chip-led"
---

Daily brief
              16 Jul 2026, 21:05 UTC



# BOK Delivers First Rate Hike Since Early 2023 Amid Chip-Led Boom, 10s -3bp — desk brief, Thu 16 Jul 2026



            Treasuries (close 2026-07-15): 2s 4.13% (-5.0bp), 10s 4.55% (-3.0bp), 30s 5.08% (+0.0bp).

Tape (close 2026-07-15): VIX 15.67, 2s10s +42bp.

Narrative: Fed's Chair Warsh: The labor market is in good shape, not sure if the rate cuts are what caused that.

What mattered:

- BOK Delivers First Rate Hike Since Early 2023 Amid Chip-Led Boom
- US Jobless Claims Decline to 208,000, Below Economist Forecasts
- US Retail Sales Rise Modestly as Consumers Spend Less on Gas
- US Retail Sales YoY Actual 6.72% (Forecast -, Previous 6.88%)
- Initial Jobless Claims 4-week average: 214K






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