30-Year Treasury Yield Hits 19-Year High of 4.699% After Fed Hold

The 30-year Treasury yield climbed 7.8 basis points to 4.699% on July 30, 2026 — a 19-year high — after the Fed paused rate changes and Chair Kevin Warsh's July 29 press conference unsettled markets. A basis point is one-hundredth of a percentage point. The move extended a selloff that began when the yield jumped 11 basis points immediately after the Fed decision.