India, Oct. 28 -- US Treasury yields rose on Wednesday as investors waited for the Federal Reserve's latest decision on interest rates, which was expected later in the day. Investors were looking for clues about what the Fed might do with interest rates in the coming months.

The yield on the 10-year US Treasury note rose by more than 2 basis points to 5.0134%, crossing the 5% mark. This yield is closely watched because it influences borrowing costs for mortgages, car loans and credit card debt, CNBC reported.

The 2-year Treasury yield also moved higher, rising by 1 basis point to 4.7494%. This yield is more closely linked to expectations about the Federal Reserve's short-term interest rate decisions.

The 30-year US Treasury yield also ...