U.S. Treasury yields rise, market focuses on this week's intensive central bank meetings

Golden Finance reported that on April 27, U.S. Treasury yields rose during Asian trading hours, and persistent Middle East tensions kept oil prices at a high level. In addition to developments in the Middle East, this week’s tightly packed central bank meeting schedule has also become a focus for the market, including the Federal Reserve’s policy meeting. In a report, Elias Haddad, Head of Global Market Strategy at Brown Brothers Harriman Bank, said: “The market generally expects the Federal Reserve to keep the target range for the federal funds rate at 3.50% to 3.75% for the third consecutive meeting.” He said the vote result is still expected to be 11 to 1, with Governor Milan likely to cast another dissenting vote in favor of a 25 basis point rate cut. According to Tradeweb data, the yield on 2-year U.S. Treasuries rose by 2.3 basis points to 3.798%, and the yield on 10-year U.S. Treasuries increased by 1.4 basis points to 4.323%.