Investors pause selling treasury bills

Traders have put selling of U.S. Treasuries on pause. This prevalent trend left yields mostly lower on Wednesday, with an eye on financial talks in Washington.
On Wednesday yields got lower at 0.0507% after U.S. House Speaker Nancy Pelosi’s statements on the suspension of the U.S. debt limit.
The two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, was down about a basis point at 0.2951%.
The benchmark 10-year yield was down by 1.6 basis points at 1.5201% after four successive sessions where it finished higher.
The trading flattened a closely watched part of the U.S. Treasury yield curve measuring the gap between yields on two- and 10-year Treasury notes, seen as an indicator of economic expectations.
It was at 122 bps, about 2 bps lower than Tuesday’s close. Investors seem to take stock after the Treasury market moves of recent days and trying to forecast how negotiations on U.S. spending plans would be resolved.