U.S. Treasury yields held steady on early Tuesday’s trade as traders waited for the Federal Reserve to begin its two-day meeting, where the central bank may offer clues on how monetary policy might evolve in the coming months.
What are Treasurys doing?
The 10-year Treasury note yield TMUBMUSD10Y, 0.596% was at 0.607%, while the 2-year note rate TMUBMUSD02Y, 0.144% fell 0.9 basis point to 0.147%. The 30-year bond TMUBMUSD30Y, 1.232% edged 0.3 basis point up to 1.255%. Bond prices move in the opposite direction of yields.
