The US treasury bond yields remained relatively flat before the Federal Reserve meeting.

During the Asian trading session, US Treasury yields remained relatively flat, with the Federal Reserve set to announce its interest rate decision later today. The market expects the Fed to keep policy rates unchanged. Alessia Berardi of Oriental Wise Investment Research Institute stated in a report, "A series of mixed economic data has made it difficult to gauge the extent of the slowdown in US inflation, and consumer activity remains strong." The global macroeconomic chief added, however, that the anticipated status quo does not mean the end of rate cuts. Oriental Wise Asset Management predicts two rate cuts in the second quarter after a calm first quarter. According to Tradeweb data, the two-year US Treasury yield fell slightly by 0.2 basis points to 3.566%, while the 10-year US Treasury yield rose by 0.4 basis points to 4.226%.