India, Oct. 29 -- US Treasury yields fell on Thursday morning after the Federal Reserve kept interest rates unchanged at its October meeting on Wednesday. Investors are now watching the Fed's comments on inflation and whether it will raise interest rates again in December.

At 6 am ET on Thursday, the yield on the 10-year US Treasury note fell by 5 basis points to 4.995%. The 2-year Treasury yield also fell by 5 basis points to 4.683%. The 30-year Treasury yield dropped by 3 basis points to 5.329%, according to CNBC.

One basis point is equal to 0.01 percentage points. Treasury yields and bond prices usually move in opposite directions. This means bond prices rise when yields fall. When yields rise, bond prices usually fall.

The Federal ...