U.S. Treasurys were little changed on Wednesday ahead of the release of key March inflation figures that could impact future Federal Reserve policy moves, including its interest rate hiking campaign. As of 5:17 a.m. ET, the 10-year Treasury was trading at 3.439% after rising by less than 1 basis point. Meanwhile, the yield on the 2-year Treasury was down marginally at 4.054%. Yields and prices have an inverted relationship. One basis point is equivalent to 0.01%.
Source: CNBC – Bonds