Stock Futures Retreat, 10-Year Treasury Yield Holds Above 5% as Investors Await Fed Decision
By Joseph WilkinsU.S. stock futures retreated on Tuesday while the 10-year Treasury yield held above 5%, ahead of a key Federal Reserve policy decision Wednesday.The U.S. central bank is widely anticipated to hike interest rates by 25 basis points--its first increase since 2023--piling further pres…