Treasury yields hold steady as investors assess monetary policy outlook

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Treasury yields hold steady as investors assess monetary policy outlook
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U.S. Treasury yields were little changed Monday as investors mulled the Fed’s next interest rate decision and considered the outlook for the economy.

U.S. Treasury yields were little changed Monday as investors mulled the Federal Reserve's next interest rate decision and considered the outlook for the broader economy.

As of 4:13 a.m. ET, the yield on the benchmark 10-year Treasury was almost flat and was last trading at around 3.4804%. The 2-year Treasury yield was down by just over one basis point to 4.1701%.Investors weighed future monetary policy decisions as uncertainty over whether the Fed would hike interest rates by 25 or 50 basis points at its next meeting on Jan. 31 and Feb. 1 continued.

In recent weeks Fed speakers have hinted that they would consider slowing rate increases to 25 basis points. Some, including Fed Governor Christopher Waller,

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