Wall Street Breakfast: Fed's Dot Plot, Balance Sheet In Focus

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The yield on the benchmark 10-year Treasury note is ticking lower, down 2 bps to 2.59%, as investors await a policy decision by the Federal Reserve. The U.S. central bank is widely expected to keep rates steady and lower its "dot plot," boosting U.S. stock index futures overnight by 0.2%. Jerome Powell has also signaled an announcement on when the Fed will end the runoff of its $4T portfolio later this year, as well as disclosing the right combination of Treasurys to hold.

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