Treasury yields moved higher on Wednesday as investors keenly awaited the Federal Reserve's interest rate decision.
Eurozone government bond yields edged lower, signaling expectations of a decline in flash estimate eurozone inflation data for January.
Treasury yields were little changed from Monday as U.S. lawmakers approved funding legislation to end a partial government shutdown.
The latest producer price index came in more than double estimates and President Trump picked Kevin Warsh as new Fed chair.
Markets have been predicting another rate cut for weeks, but bond yields have been rising. The 10-year Treasury yield has steadily risen in recent weeks, and ticked up to 4.2% on Wednesday. Bond ...
Bitcoin BTC $87,498.36 rose Monday, supposedly in anticipation of a Federal Reserve interest-rate cut this week, although a continued rally in Treasury yields signaled caution. The Fed is expected to ...