Treasury yields nudged higher as investors await Fed meeting minutes

One basis point is equal to 0.01%, and yields and prices move in opposite directions.At 2:48 a.m. ET, the 10-year Treasury yield rose over 2 basis points to 4.075%, and the 30-year Treasury bond yield was up 1 basis point to 4.7%. The 2-year Treasury note yield was 1 basis point higher at 3.453%.U.S. Treasury yields edged higher on Wednesday as investors anticipated the Federal Reserve's meeting minutes and key inflation data.Investors will be keeping an eye out for the FOMC meeting minutes, which will be r ...