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US Treasury Yields Edge Higher Ahead of Fed Decision and Auction

Treasury yields edged higher as investors weighed the interest-rate outlook ahead of the Federal Reserve’s Wednesday decision and awaited the five-year note auction. Durable goods data pushed yields up earlier in the session.

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By Caroline ValetkevitchUS Treasury yields edged higher on Tuesday with investors weighing the outlook for interest rate hikes ahead of Wednesday's Federal Reserve decision and awaiting results of this afternoon's 5-year note auction.Data on US durable goods orders pushed yields up early, although…