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U.S. 10 Year Treasury 1.575% . The Fed changed its headline inflation estimate to 3.4% for the year, a full percentage point above its March projection, and the so-called dot plot showed that central bankers expect rate hikes in 2023, a year ahead of prior estimates.
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Treasury yields are flat on Tuesday morning as investors anticipate what the Fed will say in its two-day policy meeting, which kicks off later in the day. The yield on the benchmark 10-year Treasury note dipped less than a basis point to 1.499% at 7:10 a.m. ET. The yield on the 30-year Treasury bond ticked less than a basis point higher to 2.192%. Yields move inversely to prices. One basis point equals 0.01%. https://www.cnbc.com/2021/06/15/us-bonds-treasury-yields-fall-ahead-of-fed-meeting.html