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Fed Expected to Hold Rates; Treasury Yields Rise, Stocks Drop

7/25/2026

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Story summary
  • The Federal Reserve is expected to keep rates steady at its July 24, 2026 meeting.
  • Fed funds futures show a 38% chance of a 0.25-point hike after the meeting, per LSEG data.
  • The 10-year Treasury yield rose above 4.7%, its highest since early 2025.
  • Major equity indexes fell, led by sharp drops in Alphabet and Tesla after earnings.
  • Brent crude hit $100 a barrel, sparking worries that policymakers could raise rates.