India, Jan. 29 -- Treasuries showed a lack of direction over the course of the trading session on Wednesday before eventually ending the day roughly flat.
After seeing modest strength early in the session, bond prices moved to the downside in reaction to the Federal Reserve's monetary policy announcement but regained ground going into the close.
Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, crept up by less than a basis point to 4.555 percent.
The roughly flat close by treasuries came after the Fed announced its widely expected decision to leave interest rates unchanged following its first monetary policy meeting of 2025.
The Fed said it decided to maintain the target range for the federal fu...