The yield on the US 10-year Treasury note edged up to 4.41% on Wednesday, marking its highest level in roughly a month, as investors reacted to the latest FOMC decision. The Fed left the federal funds rate unchanged, as expected, but the decision was not unanimous, with three members dissenting over language suggesting the central bank could eventually resume rate cuts. This was seen as a more hawkish signal, with traders now pricing in roughly a one-in-three chance of a rate hike by April 2027. Short-term Treasury yields, which are more sensitive to interest rate changes, rose more sharply, particularly the 2-year yield, which climbed above 3.93%.