The US Treasury bond yields increased after the release of the FOMC meeting minutes.

During the Asian trading session, the US Treasury yield saw a slight increase. This was after the minutes from the Federal Reserve's October meeting revealed "significant differences of opinion" regarding the committee's policy decision in December. Meanwhile, the US Bureau of Labor Statistics announced on Wednesday that it will not release the full US employment report for October, but will instead release it alongside the November report. Amanda Sundstrom of SEB stated in a report that following this announcement from the Bureau of Labor Statistics, the market believes the likelihood of a rate cut by the Federal Reserve in December has significantly decreased. The minutes from the Federal Reserve meeting also played a role in pushing this belief, as they suggest that interest rates may remain at current levels for the rest of the year. According to Tradeweb's data, the yield on 10-year US Treasury bonds increased by 1 basis point to 4.140%.