US Treasury yields tick lower as investors await Fed rate decision

Market focus is largely attuned to the U.S. central bank, with policymakers at the Fed seen cutting rates for the first time in more than a decade on Wednesday.scheduled to hold a press conference at 2:30 p.m. ET.

On the data front, ADP payrolls for July will be released at around 08:15 a.m. ET. Employment cost index figures for the second quarter and Chicago Purchasing Manager Index data for July will follow slightly later in the session.In commodities, oil prices rose for a fifth day after a stronger-than-anticipated fall in U.S. inventories.

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Treasury yields move lower as traders look ahead to a Fed meetingTraders are bracing for a potential cut in interest rates for the first time in more than a decade. The U.S. Federal Reserve meets Tuesday and will announce its latest rate decision on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »

Treasury yields edge higher ahead of Fed meetingU.S. government debt yields edged higher on Tuesday morning with traders awaiting a monetary policy decision from the Federal Reserve, which is expected to produce a first cut to interest rates for over a decade.
Source: CNBC - 🏆 12. / 72 Read more »