Shares rise, US Treasury yields drop as Fed minutes suggest slower rate hikes
US Treasury yields traded lower after the Fed minutes. Benchmark 10-year notes were down to 3.6908% while the yields on two-year notes dropped to 4.4773%
NEW YORK: World equities rose while U.S. Treasury yields retreated on Wednesday after minutes of the Federal Reserve's latest policy meeting showed U.S. central bankers looking to soon moderate the pace of interest rate hikes.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started