federal reserve officials have actively tried to push back against the market at times this year when treasury yields have declined one question looming over the federal reserve’s meeting this week how much control do officials have over the allimportant yield on the 10year us treasury note fed officials have already sent clear signals that they plan to raise their benchmark federalfunds rate by 05 percentage point when they conclude their twoday meeting on wednesday what happens to the 10year treasury yield though is far less certain—especially in light of its surprising recent declines