21 Mar '23 at 7:38 am #55293
The Treasury market is under selling pressure this morning, as some of safety premium embedded there gets unwound.
2-yr note yield is up 21 basis points to 4.13%
10-yr note yield is up eight basis points to 3.56%.
As a reminder, the FOMC meeting starts today and a decision will be announced at 2:00 p.m. ET Wednesday.