Bond yields rise slightly ahead of Fed rates decision
Summary
U.S. Treasury yields rose slightly on Wednesday morning ahead of the Federal Reserve’s interest-rate decision. Investors expected the central bank to leave borrowing costs unchanged.Key Facts
- The 10-year U.S. Treasury yield was above 5.02% by mid-morning Wednesday.
- The yield was up about 3 basis points from Tuesday’s close.
- Investors expected the Federal Reserve to keep interest rates steady.
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