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Treasury yields edge lower ahead of Fed rates decision as oil falls

Oil prices tumbled as traders waited for the Federal Reserve’s upcoming interest rate decision.

Reported · Written up by our desk · Central Banks

Treasury yields moved slightly lower on Tuesday as investors looked ahead to the Federal Reserve’s interest rate decision later this week, CNBC World reports.

The decline came alongside a pullback in oil prices, which added to risk sentiment considerations as traders adjusted positions ahead of the Fed meeting.

With markets awaiting guidance on the path for policy rates, the yield slide reflected caution rather than a complete repricing of expectations.

The report notes that yields continued to retreat during the session while the Fed decision remained the near term focus.

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