Treasury yields rise as investors look to Fed speakers for hints about rate policy plans

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Treasury yields rise as investors look to Fed speakers for hints about rate policy plans
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Treasury yields climbed on Tuesday as investors weighed remarks from Federal Reserve officials and scanned them for hints about monetary policy plans.

Yields and prices move in opposite directions. One basis point equals 0.01%.Investors looked to comments from Fed officials for fresh insights into the central bank's expectations for inflation and interest rate hikes.

On Tuesday, Fed chairman Jerome Powell is due to make remarks at a conference hosted by Sweden's central bank.

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