Treasury Yields Fall as Investors Digest Fed Meet, Focus Shifts to ECB

Treasury yields fell during Asian trading on Thursday as investors digested the Federal Reserve’s interest-rate decision. Attention is now shifting to the European Central Bank’s upcoming meeting. The two-year Treasury yield dropped 4.6 basis points to 4.688%, while the 10-year yield also eased by 4.6 basis points, declining to 4.635%. The move suggests traders are recalibrating their bond expectations after the Fed, while waiting for fresh guidance from the ECB on the path of European rates.