US Treasury yields flat

Business | 16 Sep 2020 6:19 pm

US government debt prices were flat Wednesday morning as investors awaited the outcome of the Federal Reserve’s two-day meeting, which should offer a glimpse into the country’s economic recovery prospects.

The  yield on the benchmark 10-year Treasury note was virtually unchanged at 0.6789 percent while the yield on the 30-year Treasury bond was fractionally lower at 1.4284 percent. Yields move inversely to prices, CNBC reports.

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