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When the Fed closes its meeting on Wednesday, investors will be looking to see if the increase in Covid-19 cases and the new Omicron version impacts how quickly the Fed will wind down the easy-money policies that have fueled this year's market surge, WSJ stated

US Treasury yields edge up ahead of Fed meeting

The Treasury yield in the United States surged early Tuesday ahead of the Federal Reserve’s meeting, which will accelerate the winding down of its bond-buying program

By Ishika Dangayach
Published - Dec 14, 2021, 11:29 AM ET
Last Updated - Jul 09, 2024, 12:36 AM EDT

The Treasury yield in the United States surged early Tuesday ahead of the Federal Reserve’s meeting, which will accelerate the winding down of its bond-buying program.

At 5:32 a.m. ET, the yield on the benchmark 10-year Treasury note increased by 2 basis points to 1.431 percent. The 30-year Treasury bond yield increased by one basis point to 1.841 percent.

The Federal Reserve is scheduled to conduct the meeting on Tuesday to discuss monetary policy.

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