Treasury yields slip below 5% as Fed decision looms, technology leads early trading
Markets opened mixed as Brent crude hovered around $107 and the 10-year Treasury yield slipped below 5% ahead of the Federal Reserve’s policy decision expected to raise rates by 25 basis points. Tech stocks led the way with Nvidia among early movers, while other sectors fluctuated and oil cooled. Bitcoin hovered near $75,000 amid crypto-legislation headlines, and notable names watched by Yahoo readers included DataMEDS (MEDS), CAVA, and Skyworks (SWKS). Overall, traders started the session cautiously ahead of the Fed meeting.
