Fed to hike rates? Treasury yields stay near multiyear highs

Long-term U.S. Treasury yields dipped slightly on Friday but remained close to their highest levels in years. Investors are increasingly betting the Federal Reserve will raise interest rates at its meeting next week. Bond yields move opposite to prices. When yields rise, it signals investors expect higher borrowing costs ahead. The Fed's next policy meeting is scheduled for next week, where officials will decide whether to adjust the benchmark interest rate.