According to CNBC, the yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was broadly unchanged at 4.358%.

U.S. Treasury yields remained broadly unchanged on Wednesday as markets awaited the decision from the Federal Reserve.

The lack of movement in yields reflects a cautious market posture ahead of what could be Powell's final FOMC meeting.

The decision is expected to be closely watched for signals on the future direction of monetary policy and the potential transition in leadership at the Fed.