Daily brief
10-year Treasury yield jumps as September core inflation comes in hott
Wed 14 Oct 2026
Treasuries (close 2026-10-13): 2s 4.79%, 10s 5.21%, 30s 5.56%.
Tape (close 2026-10-13): VIX 15.27, 2s10s +42bp.
Narrative: Fed rate hike seen more likely after inflation data
What mattered:
- 10-year Treasury yield jumps as September core inflation comes in hotter than expected
- Hot September CPI inflation keeps Fed on course for further tightening
- US consumer prices accelerate in September on costlier gasoline; core CPI firmer
- Fed rate hike seen more likely after inflation data
- US Treasuries Slump as Hot Inflation Lifts Fed Rate-Hike Bets