10-year Treasury yield eases slightly as Fed sees more rate cuts despite sticky inflation
U.S. Treasury yields held steady on Wednesday as investors anticipated the Federal Reserve’s latest interest rate decision amid rising economic uncertainty.
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“The composition of the balance sheet today is likely suppressing 10-year [Treasury] yields by over 2% and potentially by as much as 4%,” he wrote. The benchmark 10-year rate was near 4.42% on ...