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NEW YORK (AP) - Treasury bond prices were somewhat lower midmorning Wednesday, as investors pared back bullish bets ahead of the afternoon's Federal Open Market Committee meeting.
At 11 a.m. EDT, the 10-year Treasury note was down $1.88 per $1,000 in face value, or 6/32 point, from its level at 5 p.m. Tuesday. Its yield, which moves in the opposite direction, rose to 4.58 percent from 4.55 percent.
The 30-year bond fell 15/32 point. Its yield rose to 4.74 percent from 4.71 percent.
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