The Federal Reserve cut interest rates for the third consecutive time and expanded the scale of short-term bond purchases, causing U.S. Treasury yields to decline on Wednesday.
The yield on the two-year bond fell by 6.9 basis points to 3.544%. The yield on the ten-year bond dropped by 3.1 basis points to 4.155%. The yield on the thirty-year bond decreased by 1.5 basis points to 4.794%

The Federal Reserve cut interest rates for the third consecutive time and expanded the scale of short-term bond purchases, causing U.S. Treasury yields to fall on Wednesday. The yield on the two-year bond dropped by 6.9 basis points to 3.544%. The yield on the ten-year bond fell by 3.1 basis points to 4.155%. The yield on the thirty-year bond decreased by 1.5 basis points to 4.794%

"Bond Market": The Federal Reserve cuts interest rates and expands bond-buying scale, U.S. Treasury yields decline