By WSJ Staff
Shorter-term Treasury yields are still climbing, lifted by investors' worries that the Iran war is boosting inflation and lowering the chances of interest-rate cuts any time soon.
The yield on the 2-year Treasury, which often rises and falls with investors' expectations for rates set by the Federal Reserve, recently traded 3.839%, according to Tradeweb, up from 3.669% on Tuesday and on track for its highest close since the end of July.
Shorter-term yields, which rise when bond prices fall, have climbed worldwide in recent sessions. Futures bets show a roughly 75% chance that U.S. rates remain at their current level through December, according to CME Group data, up from a roughly 5% chance a month ago.
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(END) Dow Jones Newswires
March 19, 2026 12:32 ET (16:32 GMT)
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