Fed’s Collins signals further rate hikes likely as inflation risks per, 10s +2bp

Tue 13 Oct 2026

Treasuries (close 2026-10-09): 2s 4.8% (+5.0bp), 10s 5.24% (+2.0bp), 30s 5.6% (+0.0bp).

Tape (close 2026-10-09): VIX 15.21, 2s10s +44bp.

Narrative: Fed's Hammack: more tightening needed but open to adjusting pace of rate increases

What mattered:

• Fed’s Collins signals further rate hikes likely as inflation risks persist
• Fed's Collins backs September hike, sees Oil and AI driving inflation
• Boston Fed's Collins expects another rate hike will be needed by year-end
• Fed’s Collins Sees Higher Rates Likely This Year to Tame Prices
• NY Fed's Williams sees one more rate hike this year, none in 2027