U.S. Treasury Yields Fluctuate Before Fed

U.S. Treasury bond yields experienced mixed movements this evening, with the 10-year yields declining by 1.6 basis points to 4.453%, while the 2-year yields increased by 0.4 basis points to 4.068%. Additionally, U.S. import prices rose by 1.9% in May, the largest increase since August 2022, with an annual rise of 6.7%. On the economic front, housing starts decreased by 15.4% in May, while the Federal Reserve is expected to keep interest rates steady at its upcoming meeting.

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