Ahead of US Fed rate hike impact prediction on American Treasuries: FOMC outcome likely effects decoded
New Delhi, Sept. 16 -- US Treasuries remained largely flat in Wednesday's trade, September 16, as traders awaited the Federal Reserve's latest interest-rate decision and updated economic projections before placing fresh bets on the path of monetary policy.
The US 10-year Treasury yield, a benchmark for mortgage and auto loan rates, was little changed at 5.004%, a day after reaching its highest level in 19 years.
The 2-year Treasury note yield, which is more sensitive to the Federal Reserve's short-term interest-rate policy, was also unchanged at 5.409%. Earlier this month, the yield reached its highest level since July 2024.
Yields on 30-year Treasuries were similarly flat at 5.372%. The relative stability in yields comes after Treasur...
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