10-year yield holds near 4.1% range following Fed minutes

Group 1 - The Federal Reserve appears to be divided in its conclusions despite having access to the same data, leading to confusion among analysts [1][2] - The term "likely not appropriate" was frequently used regarding a potential rate cut, indicating a cautious stance from the Fed [2] - Inflation has been persistent and largely unchanged over the past year, yet the Fed is currently focusing on it [2] Group 2 - There was a misconception in the media regarding a spike in interest rates, which did not occur as reported [3][4] - Fed fund futures indicate a decreasing probability of a rate cut, with a brief dip below 30% [3] - The 10-year yield has been fluctuating within a narrow range of 4.07% to 4.17% since the last rate cut in October, suggesting a period of stability [5]