U.S. Treasury yields edge higher ahead of key Fed decision
Written by Black Hot Fire Network on July 27, 2022
U.S. Treasury yields pushed higher on Wednesday as investors geared up for a key policy decision from the Federal Reserve.
The yield on the benchmark 10-year Treasury note rose 1 basis point to 2.8068% by 1:30 a.m. ET, while the yield on the 30-year Treasury bond moved 2 basis points higher to 3.0284%. Yields move inversely to prices and a basis point is equal to 0.01%.
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