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Treasury yields rise as investors await Fed meeting minutes, key data

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Treasury yields rise as investors await Fed meeting minutes, key data


U.S. Treasury yields were higher on Tuesday as investors looked ahead to the latest Federal Reserve meeting minutes and key economic data due this week.

At 4:17 a.m. ET, the yield on the 10-year Treasury was up by nearly four basis points to 4.302%. The 2-year Treasury yield was last at 4.278% after rising by more than two basis points.

Yields and prices have an inverted relationship. One basis point equals 0.01%.

Investors considered the state of the economy as they looked to upcoming data and weighed the outlook for monetary policy as the Federal Reserve’s latest meeting minutes are set to be released.

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The minutes are due Tuesday and, in a week that is quiet when it comes to comments from Fed officials, investors will be scanning them closely for more hints about what could be next for interest rates. The Fed cut rates at its last two meetings, with one remaining this year on Dec. 17-18.

CME Group’s FedWatch tool last showed that traders were pricing in an around 56% chance of rates being cut again then, with a roughly 44% chance of rates staying unchanged.

Also on Tuesday, consumer confidence insights for November and October’s new home sales data is expected.

Key inflation data is set to be published as the week continues, with the personal consumption expenditure price index for October due Wednesday. The PCE is the Fed’s favored inflation gauge and could therefore inform its monetary policy decisions.

Investors also continued to assess President-elect Donald Trump’s choice of hedge fund executive Scott Bessent as Treasury secretary. The pick has widely soothed any nervousness and concerns about the future of the U.S. economy as they expect Bessent to prioritize economic and market stability.

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Here are the 9 San Diego County communities that set or tied heat records

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Here are the 9 San Diego County communities that set or tied heat records


San Diego County is known for having wet, cold weather in February. But it had numerous hot spells this year. And when the month ended on Saturday a high pressure system produced heat that broke or tied temperature records in nine communities from the desert to the sea, the National Weather Service said.

The most notable temperature occurred in Borrego Springs, which reached 99, five degrees higher than the previous record for Feb. 28, set in 1986. The 99 reading is also the highest temperature ever recorded in Borrego in February.

Escondido reached 95, tying a record set in 1901.

El Cajon reached 92, three degrees higher than the record set in 2009.

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Ramona topped out at 88, five degrees higher than the record set in 2009.

Alpine hit 88, four degrees higher the record set in 1986.

Campo reached 87, four degrees higher than the record set in 1999.

Vista hit 86, four degrees higher than the record set in 2020.

Chula Vista reached 84, one degree higher than the record set in 2020.

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Lake Cuyamaca rose to 76, four degrees higher than the record set in 1986.

Forecasters say the weather is not likely to broadly produce new highs on Sunday. Cooler air is moving to the coast, and on Monday, San Diego’s high will only reach 67, a degree above normal.

 



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Francis Parker captures Open Division girls basketball title

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Francis Parker captures Open Division girls basketball title


OCEANSIDE — The Frontwave Arena scoreboard showed 23 seconds remaining in the fourth quarter. Up 16, Francis Parker’s win over Westview High School for the CIF San Diego Section Open Division girls basketball championship was secure.

“No, no, no!” Parker head coach Courtney Clements screamed to freshman guard Jordan Brown, telling her there was no need to score.

So Brown walked the ball up the floor, from the backcourt, across midcourt, a 1,000-watt smile etched across her face.

With no Wolverines defending her, Brown dribbled from side to side across the logo. Then, a fraction of a moment before the final buzzer sounded, Brown flung the basketball high toward the rafters, then was engulfed by teammates.

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The job was complete. Parker’s first Open Division title in program history was secure, the final reading 66-50 on Saturday night.

Of those final seconds, said Brown, who scored 23 points. “It was a surreal moment, knowing we worked for this all year long. It’s amazing.”

One reason it was amazing was because the top-seeded Lancers (21-7) were a decided favorite, but were stressed by the sixth-seeded Wolverines (20-9). Led by UC Santa Barbara-bound senior guard Sarah Heyn (18 points in the first half), Westview led 35-28 early in the third quarter.

“I just knew I had to do whatever it took to win,” said Brown. “Whether that was defense or offense. I just wanted to win, period.”

Sparked by its defense, Parker closed the quarter on a 14-0 run.  Westview’s final 11 possessions of the quarter ended with five missed shots and six turnovers.

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Still, the game wasn’t over. Heyn cut the deficit to 48-44 with just over six minutes to play on a bucket. But with 5:47 to play, Heyn was whistled for her fifth foul on a reach-in.

“Knowing their best player fouled out, we sealed the win,” said Brown.

As for Heyn, who finished with 23 points, she sat on the bench and pulled her jersey over her eyes, hiding tears.

Clements’ thoughts when Heyn fouled out? “I hope we can put this game away now.”

Francis Parker High’s Jordan Brown shoots against Westview High during the CIF Open Division championship at Frontwave Arena in Oceanside on Saturday, Feb. 28, 2026. Francis Parker defeated Westview 66-50. (Kristian Carreon / The San Diego Union-Tribune)

That the Lancers did, outscoring Westview 18-6 down the stretch.

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The Lancers’ players and coach were effusive in their praise for Heyn, a four-year starter.

“She’s a great player,” said Brown.

“She played phenomenally,” said Clements. “She played the way you would think a senior would play in a championship game. She played desperately. She played every possession like it was the last 20 seconds of the game. She was extremely impressive. (Heyn buried five 3s, missing only once from deep.) She should be proud of herself.”

Clements was proud of her team for another reason. After blowing out two-time reigning Open Division champion Mission Hills by 26 in the semis, some thought Parker might cruise in the title game.

“I figured it was going to be a fight, and it was,” said Clements. “It was good that our girls had to come together, had to stick together. That’s what this is all about, developing character via the sport of basketball. When the kids face adversity, they have to make a decision. Who do they want to be? They showed the best version of themselves. That’s what I want to remember from a game like this.”

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Francis Parker’s primary color is brown, which is fitting for the girls basketball team. They are led not only by the freshman Jordan Brown, but also junior Brieana Brown, a strong, aggressive and athletic 5-foot-11 wing.

Brieana Brown scored 25 points and yanked down a team-best eight rebounds.

About the team in brown being led by the Browns (who are not related), Jordan Brown said: “It’s super cool. I love Bri and our story. So many people think we’re related, that we’re siblings. In reality, we’re not, but we play like it.”

Francis Parker High's Brieana Brown shoots against Westview during the CIF Open Division championship at Frontwave Arena in Oceanside on Saturday, Feb. 28, 2026. Francis Parker defeated Westview 66-50. (Kristian Carreon / The San Diego Union-Tribune)
Francis Parker High’s Brieana Brown shoots against Westview during the CIF Open Division championship at Frontwave Arena in Oceanside on Saturday, Feb. 28, 2026. Francis Parker defeated Westview 66-50. (Kristian Carreon / The San Diego Union-Tribune)

Francis Parker and Westview both will advance to the Southern California Regionals.

Earlier in the season, Clements — who was dressed in all black for the championship game — confessed she wasn’t crazy about Parker’s primary color. Her mood shifted Saturday night.

“Brown’s doing well for me now,” she said.

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Asked if Lancers’ Brown squared tandem represents the best one-two girls basketball punch in the San Diego Section, Clements gave the questioner a “What do you think?” smirk.

“That,” said the coach of the Open Division champions, “is a no-brainer.”



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5 things to know about Iran’s supreme leader Ali Khamenei

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5 things to know about Iran’s supreme leader Ali Khamenei



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