US Treasury Yields Mixed Following Fed’s Statement

The US Treasury yields showed mixed movements on Wednesday, following the Federal Reserve’s decision to maintain interest rates near zero, with the monetary policy statement vowing to maintain the current interest range until economic recovery is achieved.

The benchmark 10-year Treasury bond yield declined 0.5 basis point (bps) to 0.576%.

Meanwhile, the return on the 30-year bond increased by roughly 1.9 bps to 1.242%, before amounting to 1.239%.

As for the 2-year bills, yields decreased by 1.2 basis points to 0.129%.