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Treasury yields gained even after the Federal Reserve cut rates for a second time this year as central bank chief Jerome Powell indicated another easing in December was far from certain.

The benchmark 10-year Treasury yield was more than 8 basis points higher at 4.072%. The 2-year Treasury note yield added more than 10 basis points to 3.602%. The 30-year bond yield rose more than 6 basis points to 4.613%.

One basis point equals 0.01% and yields and prices move in opposite directions.

Rates jumped after Powell said the following: "In the committee's discussions at this meeting, there were strongly differing views about how to proceed in December. A further reduction in the policy rate a

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