Most Treasury Yields Decline, Investors Digest Fed’s Decisions

Most U.S. Treasury yields fell early Thursday, taking back some of the rise seen in the previous session after the Fed’s move to accelerate thewithdrawal of its asset-purchasing program and penciled in three interest rate increases in 2022.

Meanwhile, investors weighed an interest rate hike by the Bank of England and the European Central Bank’s decision to end asset buying under its Pandemic Emergency Purchase Program as of March.

The US 10 year Treasury yield is down almost three basis points, sitting at 1.433%, a headwind for the USD, with the US Dollar Index, which measures the buck’s performance against a basket of six rivals, slips 0.42%, currently at 96.10.