Treasuries Join Global Yield Shift With Fed Rate Decision Ahead
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Treasuries joined most other government bond markets in sending long-term yields lower as trade tensions continue to stoke haven demand.
Ten- to 30-year yields reached session lows during the US morning, led by bigger yield declines in most European government bond markets. Those were spurred in part by reports that the European Commission is set to announce a provisional list of tariffs against the US on Thursday. US short-term yields, meanwhile, pared their increases ahead of Wednesday’s Federal Reserve interest-rate decision.