U.S. Treasury yields showed minimal movement on Wednesday as market participants braced for the outcome of what could be Jerome Powell's final Federal Reserve policy meeting.
The 10-year Treasury yield, a critical benchmark for U.S. government borrowing, remained broadly unchanged at 4.358%.
The lack of movement in yields reflects a cautious market stance ahead of the Fed's decision.
With Powell potentially stepping down from his role as chair, the meeting has drawn heightened attention from investors seeking clarity on the central bank's future direction.
The 2-year Treasury note also saw little change, underscoring the broader market's wait-and-see approach.
The current stalemate in Treasury yields highlights the uncertainty surrounding the Fed's next steps.