Treasury yields also climbed Wednesday after the Federal Reserve minutes showed, among other things, that several Fed officials said trying to set upper limits for yields beyond ultrashort-term rates would provide only a modest help. Some investors have been speculating that could be a step the Fed would take next to help the economy. The yield on the 10-year Treasury edged up to 0.68 percent from 0.67 percent late Tuesday. It had been as low as 0.64 percent earlier in the morning.

Source: The Standard August 20, 2020 03:11 UTC