U.S. Treasury yields were slightly higher on Wednesday as investors considered the path ahead for interest rates as they closely watched remarks from Federal Reserve policymakers.Sign up for NBC LA newsletters.On Tuesday, Minneapolis Fed President Neel Kashkari said he expected the Fed to hold rates steady for some time until the disinflation picture becomes clearer.
Kashkari on Tuesday also addressed concerns about rates potentially being hiked again, without excluding the possibility. Last week, Fed Chair Jerome Powell said the Fed was unlikely to hike rates at its next meeting.More comments from Fed officials are expected throughout the week, which investors will be scanning for hints about the monetary policy outlook.
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