The yield on the benchmark U.S. 10-year Treasury rose 4 basis points to 4.589%, while the 2-year Treasury yield also added 4 basis points to 4.248%. One basis point is equal to 0.

Bond yields fell early Wednesday, as investors prepared for the first U.S. monetary policy decision of 2025. Calmer conditions across markets following the brief DeepSeek stock sell-off allowed fixed income investors to shift focus back to monetary policy,

Treasury yields edged lower in early European trading ahead of the Fed’s policy decision, with markets expecting the fed funds target range to remain unchanged.

U.S. Treasury yields were little changed on Thursday as investors weighed the Federal Reserve’s first interest rate decision of 2025.

Yields on U.S. government debt finished slightly higher on Wednesday after the Federal Reserve said inflation remains “somewhat elevated” and left interest rates unchanged.