Mumbai, Oct. 29 -- The US treasuries are edging higher, keeping the yields soft as Federal Reserve's monetary policy announcement and its impact on the outlook for interest rates weighs on the sentiments. The yield on the benchmark ten-year note, which moves opposite of its price, is at 3.98% right now. Economic cues were tepid too as the Conference Board said its consumer confidence index dipped to 94.6 in October from an upwardly revised 95.6 in September. Debt markets also eyed a weak undertone in the WTI Crude oil futures as the counter lingered around one-week low of $60 per barrel.

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