{
  "id": 9372038,
  "title": "US 10-year yield hits a 19-year high as Fed Governor Barr backs hikes",
  "url": "https://urgent.news/2026/09/23/us-10-year-yield-hits-a-19-year-high-as-fed-governor-barr-backs-hikes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-23T16:19:52.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/us-10-year-yield-hits-a-19-year-high-as-fed-governor-barr-backs-hikes-202609231619"
  },
  "original_language": "en",
  "account": "US 10-year yield reaches a 19-year high amid Federal Reserve Governor's support for further interest rate hikes, as risks to bringing inflation down to 2% increase and job risks lessen. Fed Governor Barr backed more rate increases after S&P Global's early monthly gauge of US business activity, the Purchasing Managers Index (PMI), came in higher than expected. Brent Crude Oil prices also rose above $100 a barrel after five days of declines, following Iranian President's UN speech dismissing negotiations under pressure. Futures contracts for the Fed's upcoming move now indicate a 73% probability of a rate increase on October 28. The 10-year yield is currently trading just under 5.10%, at the upper end of its session range and above its mid-September peak. Its recent four-day streak at just under 5% ended following the Fed's rate hike on September 16, suggesting that speeches and surveys have now had a greater impact.",
  "summary": "Fed Governor Barr made the case for more rate increases, saying the risks to getting inflation back to 2% have grown while the risks to jobs have eased.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times - Top News",
        "title": "Fed Governor Michael Barr signals more rate hikes needed to tame inflation",
        "url": "https://urgent.news/2026/09/23/fed-governor-michael-barr-signals-more-rate-hikes-needed-to-tame",
        "published": "2026-09-23T16:44:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}