"Treasury Yield and Fed Decision: Key Factors Shaping the Market"

The 10-year U.S. Treasury yield remained largely unchanged as investors awaited the Federal Reserve's interest rate decision and guidance on monetary policy. Investors are expecting the Fed to keep rates unchanged and are looking for signals that the rate-hiking cycle may be coming to an end. The latest consumer price index showed a 3.7% rise in inflation on an annual basis. The Treasury Department also released details on upcoming bond sales, while ADP's employment change report for October indicated a rise in private sector payrolls.