US Treasury yields tick higher as investors await Fed meeting minutes

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US Treasury yields tick higher as investors await Fed meeting minutes
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Market focus is largely attuned to the Federal Reserve, with the U.S. central bank scheduled to publish its latest meeting minutes.

Market focus is largely attuned to the Federal Reserve, with the U.S. central bank scheduled to publish its latest meeting minutes later in the session.

Futures are almost fully priced for a quarter-point interest rate cut next month, according to the CME FedWatch Tool. Investors are also likely to closely monitor the Fed's annual Jackson Hole seminar later this week and a Group of Seven summit at the weekend for clues on what additional steps policymakers will take to boost economic growth.There are no major Treasury bond auctions scheduled on Wednesday.

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