1349 ET - Only 10% of investors expect rates to remain steady at the current target range of 3.50-3.75% by year's end, according to CME Group's FedWatch tool. Ahead of the committee's July meeting next week and amid a quiet period for U.S. economic indicators, markets expect the Fed to hold rates steady. The 10-year yield rises to 4.654%. A surge in oil prices on renewed hostilities in the Middle East, pushes gas prices at the pump above $4 a gallon.(jessica.coacci@wsj.com)
(END) Dow Jones Newswires
July 22, 2026 13:49 ET (17:49 GMT)
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