U.S. Treasury yields remain steady as markets await the Federal Reserve interest rate decision
ChainCatcher news, according to Golden Ten Data, during the Asian trading session, U.S. Treasury yields remained steady as the market awaits the Federal Reserve's interest rate decision. Amanda Sundstrom, FX and fixed income strategist at SEB, expects a very high probability that the Federal Reserve will cut rates by 25 basis points tonight, but a 50 basis point cut cannot be completely ruled out. Tradeweb data shows the 2-year U.S. Treasury yield at 3.507%, the 10-year at 4.023%, and the 30-year at 4.643%.
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