Treasury yields rise slightly ahead of Fed rate decision
Treasury yields edged up on Wednesday morning as investors waited for the Federal Reserve's interest rate decision.
Treasury yields rose slightly on Wednesday morning as traders waited for the Federal Reserve's latest interest rate decision, according to CNBC and The Hill.
The Hill reports the 10-year Treasury yield was trading above 5.02 percent by mid-morning. That was up roughly 3 basis points from Tuesday's close.
The Hill also reports that investors expect the central bank to leave borrowing costs unchanged.
Reported by
- CNBCTreasury yields tick higher ahead of Federal Reserve interest rate decisionWed, Oct 28, 5:22 AM EDT
- The HillBond yields rise slightly ahead of Fed rates decisionWed, Oct 28, 10:51 AM EDT
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