Treasury yields nudged higher as investors await Fed meeting minutes

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U.S. Treasury yields edged higher on Wednesday as investors anticipated the Federal Reserve’s meeting minutes and key inflation data.

At 2:48 a.m. ET, the 10-year Treasury yield rose over 2 basis points to 4.075%, and the 30-year Treasury bond yield was up 1 basis point to 4.7%. The 2-year Treasury note yield was 1 basis point higher at 3.453%.

One basis point is equal to 0.01%, and yields and prices move in opposite directions.

Investors will be keeping an eye out for the FOMC meeting minutes, which will be released at 2 p.m. ET, offering insights into policymakers’ decision-making at the Fed’s January meeting.

Treasury yields nudged higher as investors await Fed meeting minutes

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