2-year Treasury yield dips as investors assess interest rate outlook

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2-year Treasury yield dips as investors assess interest rate outlook
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U.S Treasury yields were little changed on Wednesday, as investors considered the outlook for the Federal Reserve monetary policy and the economy.

Waller also left the window open for a further interest rate hike.

"I don't think one more hike would necessarily throw the economy into recession if we did feel that we needed to do one," he said. On Wednesday, investors will be looking out for import and export data, as well as figures from the services industry. Several Fed officials are also expected to make further remarks this week, which could provide investors with fresh hints about the monetary policy outlook.

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