U.S. Treasuries plunge in muted trading ahead of FOMC members’ speeches

The U.S. Treasuries plunged Wednesday as investors await FOMC members Dudley and Kaplan’s speech, scheduled to be held today by 12:00GMT respectively.

The yield on the benchmark 10-year Treasury climbed 3 basis points to 2.33 percent, the super-long 30-year bond yields rose 2-1/2 basis points to 2.82 percent and the yield on short-term 2-year note nearly 2 basis points lower at 1.57 percent by 10:15GMT.

It will be a quiet day in the US where just housing starts and building permit data for September and the latest Fed Beige Book are due.

Meanwhile, the S&P 500 Futures traded 0.09 percent higher at 2,559.25 by 10:15GMT, while at 10:00GMT, the FxWirePro's Hourly Dollar Strength Index remained neutral at 71.15 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex

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