CoinVoice has learned that, according to Jin Ten's report, U.S. Treasury yields rose ahead of the Federal Reserve's decision announcement. However, the economic data released that day showed that new housing starts in the U.S. decreased both month-over-month and year-over-year, leading to a slight decline in U.S. Treasury yields.
The current market expects the Federal Reserve to cut interest rates by 25 basis points and has hinted at pausing rate hikes in January, increasing the hawkish tone. As a result of these expectations, the settlement price of the 10-year U.S. Treasury yield is likely to reach its highest level in over a month. [Original link]