10-year Treasury yield rises as investors consider remarks from Fed officials

U.S. Treasury yields rose on Thursday, influenced by recent comments from Federal Reserve officials. The 10-year Treasury yield increased by over 3 basis points to 4.516%, reflecting investor scrutiny of the Fed's future interest rate decisions. Remarks by Fed officials like Susan Collins emphasized a cautious approach, suggesting rates will hold steady until inflation approaches the Fed's 2% target. This sentiment was consistent with earlier statements from other Fed leaders and the central bank's recent guidance.