Todd Colvin of Mark IV Brokerage discusses the recent move in 10-Year note yields, which closed above 4.40% following the FOMC meeting. This marks only the third time in 2026 that yields have reached this level. Colvin highlights how higher energy prices and elevated global uncertainty continue to impact market expectations, keeping the Fed focused on employment and inflation. Despite passing a major event like the Fed decision, volatility increased, defying typical post-meeting trends. Looking ahead, the focus shifts to Thursday's economic data, including weekly jobless claims, first-quarter GDP, and the PCE index.
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