Bond Report: Long-dated Treasury yields under pressure ahead of Fed decision

Rates on 10-year Treasury notes and 30-year bonds fell Wednesday morning, flattening the yield curve, as investors awaited the outcome of a Federal Reserve meeting that’s expected to produce a plan for tapering monthly asset purchases and clues to the timing of eventual interest-rate increases.

What are yields doing?What’s driving the market?

The Federal Reserve is fully expected to lay out its schedule for scaling back and eventually ending its monthly asset purchases. Investors will be focused on whether Fed Chairman Jerome…

This post was originally published on Market Watch

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