1554 ET - U.S. Treasury yields ended slightly higher, and the 10-year yield rose on the week despite a Fed meeting Wednesday that was not quite as hawkish as some investors expected. One outcome unforeseen by most traders: the central bank's decision to begin buying Treasury securities again, at a pace of up to $40 billion a month. "These operations are distinct from QE in several ways," Will Compernolle of FHN Capital notes; the goal is to head off stress in repo markets. The purchases are to concentrate on shorter-term securities. A major economic update is on the way next week in the form of October and November data on payrolls and inflation. The benchmark 10-year yield finishes at 4.194%, up from 4.138% to end last week. The 2-year yield falls to 3.529%, down from 3.562% last Friday. (matt.grossman@wsj.com; @mattgrossman)
(END) Dow Jones Newswires
December 12, 2025 15:54 ET (20:54 GMT)
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