March 20, 2013 / 6:08 PM / 4 years ago

Prices for U.S. Treasuries briefly add to losses after Fed

NEW YORK, March 20 (Reuters) - Prices for U.S. Treasuries briefly added to losses after a statement from the Federal Reserve on Wednesday at the end of a two-day meeting.

The yield for the 30-year bond shot as high as 3.2206 percent after the statement, in which the Fed pressed forward with its aggressive efforts to stimulate the U.S. economy through large-scale bond purchases.

However, prices soon settled back into ranges of earlier in the day, with the 30-year bond down 25/32 in price to yield 3.171 percent.

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