(Reuters) – Benchmark 2020 U.S. Treasury yields rise to highest overdue 80 ) in 2018, as investors braced for the Fed’s policy decision on Wednesday, the Fed is expected to raise interest rates again sharply.
The world’s most important interest rate benchmark 10 annual yield also rose by 6 basis points to 3 .508%, the highest since April 508.
The Federal Reserve meets Wednesday. Currency markets are priced at approximately 80% of the 80 basis point probability of change, and 20% more likely, 20 basis point rate hike.
