Treasury yields mixed as investors consider potential Fed rate policy moves

yield dipped by around two basis points to 5.0452%, remaining above the key 5% level it crossed earlier this week.After Fed Chairman Powell hinted that interest rates could reach higher-than-anticipated levels and the pace of rate hike could pick up again inMany are now expecting the Fed to announce a 50 basis point rate hike at the conclusion of its next meeting on March 21 and 22. At its latest meeting, the central bank increased rates by 25 basis points.

Fears about the pace of rate hikes dragging the U.S. economy into a recession have persisted, with investors closely tracking economic data reports to assess their impact. The Fed has been hiking rates in an effort to cool the economy, including the labor market, and ease inflation.

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