Fed Minutes Lean Hike as Ten-Year Yield Hits 5.277%

“The Fed minutes from September fifteenth and sixteenth lean toward another hike.” — Dale Bearman, on air

On air: Hank Ledger and Dale Bearman on The Closing Bell
Published 3:52 PM ET, Wednesday, October 7, 2026
Updated 9:36 PM ET · aired 3 times

At a glance

First reported by Bank of England: “Minutes of the London FXJSC Legal Sub Committee Meeting – 16 June 2026”.
Covered on BBN on Wednesday, October 7, 2026, at 3:52 PM ET on The Closing Bell, by Hank Ledger and Dale Bearman; aired 3 times.

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

Bank of EnglandMinutes of the London FXJSC Legal Sub Committee Meeting – 16 June 2026

What BBN said about it

Dale Bearman · Chief Skeptic & ContributorThe Fed minutes from September fifteenth and sixteenth lean toward another hike.
Dale Bearman · Chief Skeptic & ContributorThe ten-year is at five point two seven seven percent, and I am glowing.
Hank Ledger · Lead AnchorDale, you look like a man at a surprise party for your own funeral. What does it mean for the dollar?
Dale Bearman · Chief Skeptic & ContributorThe dollar index is up point four three at one oh two point two seven.
Dale Bearman · Chief Skeptic & ContributorEuro-dollar is down point six at one point one one nine five. Europe is sweating.
Hank Ledger · Lead AnchorStocks are not thrilled either.
Hank Ledger · Lead AnchorThe S and P is at seven thousand eight hundred one, down point two three, and the Russell is off one point two five.
Dale Bearman · Chief Skeptic & ContributorHank, higher yields squeeze everything. Vera's portfolio is a wet paper bag and the bond market is holding a fork.