US two-year Treasury yields drop to 4.899% after Fed comments

US Treasury yields trimmed earlier increases on September 29, 2026, with shorter maturities turning negative. The move followed remarks by New York Federal Reserve President John Williams, who stated that there is no urgency after the monetary tightening carried out earlier this month.

Around 16:20 Brasília time, the 2-year Treasury yield fell from 4.935% at the previous close to 4.899%. In contrast, longer-dated yields remained higher: the 10-year Treasury yield rose from 5.244% to 5.261%, while the 30-year yield advanced from 5.552% to 5.602%. Meanwhile, the DXY dollar index, which tracks the currency against six major peers, rose 0.18% to 101.375 points.

In Brazil, future interest rates touched intraday lows across multiple maturities. The interbank deposit contract due in January 2027 moved from 13.56% to 13.555%, the January 2028 contract fell from 13.665% to 13.570%, the January 2029 contract declined from 13.90% to 13.790%, and the January 2031 contract dropped from 14.05% to 13.975%.

The Brazilian real strengthened as the commercial dollar fell 0.22% to 5.2136 reais, while the Ibovespa index rose 0.24% to 183,430 points, close to its session high of 183,780 points. In New York, the Dow Jones index slipped 0.23% to 51,363.62 points, the S&P 500 declined 0.14% to 7,673.93 points, and the Nasdaq was nearly flat, down 0.02% at 26,813.688 points.