Federal Reserve
The Great Hawkish Pivot: 10-Year Yield Hits 4.35% as Fed Cut Hopes Evaporate
The financial landscape underwent a seismic shift on March 26, 2026, as the long-held narrative of imminent Federal Reserve rate cuts was unceremoniously dismantled. A combination of surging energy prices and stubbornly high trade costs has forced market participants to recalibrate their expectations, moving from the anticipation of three rate