U.S. Treasury yields continued their upward climb on Thursday as investors weighed the Federal Reserve's decision to hold interest rates steady.

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose over 1 basis point to 4.614%.

As oil prices surged, treasury yields took notice, raising inflation worries in the market. Traders are keeping a watchful eye on the Federal Reserve's expected decision to…

Treasury yields hit a 19-year high of 5.24% after the Fed held rates steady. Fed pause in next three meetings at 42% YES.