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Bond Report: Treasury yields edge up as investors await Fed decision

Bond Report: Treasury yields edge up as investors await Fed decision

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U.S. Treasury yields on Wednesday climbed slightly ahead of a policy update from the Federal Reserve, with its Chairman Jerome Powell scheduled to hold a news conference at 2:30 p.m. Eastern Time about the economic recovery from COVID-19, following an updated Fed statement and projection of future interest rates from policy makers a half-hour earlier.

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