Treasury yields rise as investors await the release of minutes of the Federal Reserve's July policy meeting.
U.S. Treasury yields edged up Wednesday as investors awaited the release of minutes of the Federal Reserve’s July policy meeting, which could offer clues to a timetable for the tapering of monthly asset purchases.
What are yields doing? What’s driving the market? Treasurys put in a mixed performance Tuesday after data showed July retail sales fell more than expected. Investors looking for clues to policy will comb the minutes of the July 27-28 meeting of the policy setting Federal Open Market Committee for clues at 2 p.m. Eastern.
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