- U.S. Treasury yields were steady on Tuesday ahead of the conclusion of the Federal Reserves two-day meeting on Wednesday, which will be watched for any signals on when the U.S. central bank is likely to begin paring its massive bond purchase program.
- Benchmark 10-year yields were little changed on the day at 1.499%. They fell to a three-month low of 1.428% on Friday and have dropped from a one-year high of 1.78% in March.
- Gold fell to the strengthening of the U.S. dollar, as investors eagerly awaited the outcome of the Fed meeting to find hints to cut economic measures.
Trade closed: target reached