Treasury yields (^TNX ^TYX, ^FVX) have begun to edge lower as the market awaits the policy decision from June's Federal Open Market Committee.

Franklin Income Investors CIO Ed Perks joins Morning Brief to give insight into Treasury yields, the Fed meeting, and what investors should know about the potential implications on their portfolios.

"We still think there's a fair amount of just normalization in rates that can occur. So the Fed is going to stay put tomorrow. It's going to be a pretty boring meeting actually. I think it'll be interesting to see the economic projections that come out and how they change, if at all, from the March projections, but we really, as we get into 2025, we still have conviction the Fed is going to continue to see disinflation toward their target and that that will allow that normalization more towards the neutral rate," Perks tells Yahoo Finance.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Nicholas Jacobino