What's Up with Treasury Yields Before the Fed's Next Move?
Do you know that when Treasury yields go up, prices go down? Today, the 10-year Treasury note was barely changing, sitting around 4. 39%. Meanwhile, the 2-year Treasury note wasn't moving much either, hanging around 4. 21%. This happened right before the Federal Reserve makes its decision about interest rates. Investors are waiting for the Fed's decision at 2 p. m. ...