Mumbai, Jan. 29 -- Treasuries moved lower early in the session and saw continued weakness after the Fed announcement. As a result, the yield on the benchmark ten-year note which moves opposite of its price, climbed 2.8 bps at 4.25%.

Treasury yields moved higher on Wednesday as the Federal Reserve kept interest rates unchanged and upped its assessment of the U.S. economy.

The 10-year Treasury yield was up 2 bps at 4.24% while the 2 yr Treasury note yield was up less than 1 basis point at 3.57%. The 30 yr Treasury yield rose 2 bps to 4.85%.

Published by HT Digital Content Services with permission from Capital Market....