Daily brief
Global bonds reel as hot U.S. CPI and hawkish Fed revive 50-bp hike fe, 10s +10bp
Wed 11 Nov 2026
Treasuries (close 2026-11-10): 2s 4.73% (+17.0bp), 10s 4.98% (+10.0bp), 30s 5.35% (+9.0bp).
Tape (close 2026-11-10): VIX 19.46, 2s10s +25bp.
Narrative: Fed officials open door to a half-percentage-point rate hike as inflation worsens
What mattered:
- Global bonds reel as hot U.S. CPI and hawkish Fed revive 50-bp hike fears
- Global bonds fall as hot U.S. CPI and Fed Rhetoric stoke fears of 50-bps hike
- Iran's Brigadier General Heydari: We have closed the Strait of Hormuz and we will not open it except by the order of the leader of the revolution
- Fed's Goolsbee calls inflation report 'borderline disturbing' as central bank weighs more hikes
- Goldman Sachs on Fed