Treasury yields hover above 5% as Fed decision approaches

Yields on the benchmark 10-year, 20-year, and 30-year Treasuries were little changed around 5.00%, 5.41%, and 5.37% as investors awaited the Fed’s two-day meeting and priced in roughly a 92.5% chance of a 25-basis-point hike; with inflation cooling modestly and oil above $100 a barrel, the long end remains pressured, and analysts warn a hold could surprise stocks and test Fed credibility.