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US Treasury yields approach multi-week lows amid wait for Fed decision

Investing.com · ·by G4L

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  1. 1The US 10-year Treasury yield traded near multi-week lows, recording 5.003%.
  2. 2The 2-year Treasury yield stood at 4.712%, reinforcing market expectations that the Fed will not adjust interest rates at this week's policy meeting.
  3. 3One-third of S&P 500 companies reporting third-quarter results this week will provide earnings updates.

So what's the key point?

US Treasury yields reached 5.003%, approaching the lowest levels seen in recent weeks. The market is moving cautiously while waiting for the Fed's decision this week and corporate earnings reports.

Source Investing.com · View original ↗

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