0526 GMT - U.S. Treasury yields are marginally higher in Asian trade ahead of the Federal Reserve's interest-rate decision later Wednesday. The Fed is broadly expected to leave policy rates unchanged at 3.50%-3.75%, while the main element of surprise is expected to come from Kevin Warsh's first FOMC meeting and press conference as Fed chairman, says Carmignac's Kevin Thozet in a note. "Investors are now almost evenly split between the prospect of further tightening and that of policy easing, effectively pricing a steady Fed through year-end," the member of the investment committee says. The two-year Treasury yield is up 0.3 basis point at 4.047%, while the 10-year yield rises 0.6 basis point to 4.433%, according to Tradeweb. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
June 17, 2026 01:26 ET (05:26 GMT)
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