(Dow Jones)–Treasury yield rises ahead of the Fed’s rate decision, widely expected to be a 25-basis point hike. “We expect the Fed to remain cautious even if tomorrow turns out to be the last rate hike of this cycle,” AmeriVet’s Gregory Faranello says in a note. “We continue to expect a very dynamic inflationary environment,” he says. The 10-year is at 3.907% and the two-year at 4.891%.

By: Paulo Trevisani (paulo.trevisani@wsj.com)