Treasury Yields Pull Back Off Highs Following Fed Announcement WASHINGTON (dpa-AFX) - After moved notably higher in morning trading on Wednesday, treasury yields gave back ground following the Federal Reserve's monetary policy announcement. The yield on the benchmark ten-year note, which moves opposite of its price, reached a high of 1.689 percent, its highest intraday level in over a year. The ten-year yield subsequently pulled back well off its highs but still ended the day up by 2 basis points at 1.641 percent. The yield of the five-year note showed a more substantial turnaround, falling by 4.4 basis points to 0.780 percent after reaching a high of 0.862 percent.