Treasury yields move lower Tuesday as the Federal Reserve prepares to begin a two-day policy meeting that's expected to deliver another interest rate increase.
Treasury yields declined Tuesday as investors prepared for the start of a two-day Federal Reserve policy meeting that’s expected to deliver another interest rate increase and provide clues to the outlook for future policy moves.
What yields are doingMarket drivers The... Treasury yields declined Tuesday as investors prepared for the start of a two-day Federal Reserve policy meeting that’s expected to deliver another interest rate increase and provide clues to the outlook for future policy moves. What yields are doing Market drivers The Federal Reserve on Wednesday is widely expected to deliver a 25 basis point increase in its policy interest rate, downshifting from the outsize 75- and 50-basis point increases delivered over the course of 2022. Fed-funds futures price in another quarter-point hike but see the central bank cutting rates by year-end, in contrast to the Fed’s forecasts which show policy makers expect no rate cuts by year-end.
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