US Treasury Yields at Four-Month Highs

Treasury yields in the United States increased on Wednesday, as the latest US Federal Reserve’s meeting minutes indicated a commitment to asset purchases.

The Fed is set to focus on purchasing assets with longer maturities.

Return on the 10-year Treasury bond leveled up by 4.3 basis points to 0.784%, its highest level since June 9.

Meanwhile, the 30-year bond yield went up by five basis points to 1.587%, its highest level since June 8.

Yield on the two-year note rose by 0.8 basis point to settle at 0.155%.