U.S. government debt prices were higher on Wednesday morning as investors awaited to hear from Federal Reserve Chairman Jerome Powell.
U.S. government debt yields had bounced back slightly on Tuesday as the Evergrande-led sell-off eased.
The focus this Wednesday is on what Jerome Powell will say at 2:30 p.m. ET following the central bank's two-day meeting. Investors are looking forOn the data front, there will be existing home sales numbers at 10 a.m. ET.
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