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MW: Treasurys drop ahead of Fed-policy statement
 
By Polya Lesova
NEW YORK (MarketWatch) -- Treasury bonds dropped on Wednesday ahead of the monetary-policy statement from the Federal Reserve that's due this afternoon. The Fed is expected to maintain its aggressive easing stance in an effort to continue aiding the recovery. Yields on 10-year notes 10_YEAR +0.80% rose 2 basis points to 2.019%. Treasury prices and yields move in opposite directions. Yields on 30-year bonds 30_YEAR +0.38% gained 1 basis point to 3.20%.
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