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Treasury yields were higher on Monday as investors prepared for a Federal Reserve meeting that is widely expected to deliver another rate increase and that could offer signs of policy makers’ intentions for hitting the pause button at some point.
What yields are doing
Market drivers
The Federal Reserve will conclude a two-day policy meeting on Wednesday that’s widely expected to see policy makers lift the fed-funds rate by 25 basis points, or a quarter of a percentage point, to a range of 5% to 5.25%. Fed-funds…
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