TREASURIES-US yields decline for second day after Fed statement, data

U.S. Treasury yields declined for the second day following a dovish Federal Reserve rate decision and labor market data. The Fed cut rates by 25 basis points and announced short-dated bond purchases to manage liquidity. Jobless claims rose, attributed to seasonal factors. Markets are pricing a 24.4% chance of a January Fed rate cut. The 10-year yield fell 2.3 basis points to 4.141%, while the 30-year yield dropped 0.4 basis points to 4.792%.