Ten-year Treasury yield hits two-week low ahead of Fed minutes and inflation data

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Ten-year Treasury yield hits two-week low ahead of Fed minutes and inflation data
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Jamie Chisholm is a markets reporter based in London.

Bond yields fell again on Wednesday, hitting their lowest in September, amid continued expectation the Fed was finished raising interest rates.

However, analysts said the primary driver in pushing benchmark yields lower of late was a perceived shift among Federal Reserve officials to now suggest the central bank may not need to raise interest rates again in this cycle. Traders also face another slew of Fed speakers on Wednesday, too. Fed Governor Christopher Waller will deliver comments in Park City, Utah at 10:15 a.m.; Atlanta Fed President Raphael Bostic is due to speak on the economic outlook at 12:15 p.m.; and Boston Fed President Susan Collins gives the Goldman Lecture on Economics at Wellesley College at 4:30 p.m..

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