The Federal Reserve kept rates unchanged as Lisa Cook and Beth Hammack dissented in favor of a hike, lifting the 10-year Treasury yield to 5.04%, per Market Talk.
The dollar held near a two-week high ahead of the Fed decision, sterling awaited the UK budget, and New Zealand's central bank kept rates on hold, per Reuters.
Asian shares gained as AI optimism returned; SK Hynix tripled its quarterly profit and plans $75 billion in shareholder returns, lifting the Kospi 5.8%.
According to Reuters, Indian government bonds may open flat on Wednesday after late buying on Tuesday, with traders waiting for the Federal Reserve decision.
US Treasury and French government bond yields edged higher ahead of Fed and ECB rate decisions, which most expect to leave policy rates unchanged this week.
Emerging market stocks gained while currencies stayed subdued. Investors are focused on central bank decisions and election results in Brazil and Israel.
According to Reuters, Indian government bonds may open little changed on Tuesday, with traders focused on oil moves and the Fed decision due Wednesday.