Bond Report: Treasury yields edge higher, pushing 10-year rate above 2.8%, ahead of Wednesday’s Fed minutes report
U.S. bond yields nudged higher on Tuesday on diminished demand for fixed-income assets as investors prepared for this week’s release of minutes from the Federal Reserve’s July meeting. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 3.240% rose 4.8 basis points to 3.249% at 3 p.m. Eastern. The yield on the 10-year Treasury TMUBMUSD10Y, …