U.S. Treasury yields fell on Wednesday morning, as investors remained cautious following a sell-off in stock markets in the previous session.The yield on the benchmark 10-year Treasury note moved 2 basis points lower to 2.7344% at 4:25 a.m. ET. The yield on the 30-year Treasury bond ebbed 2 basis points to 2.9451%. Yields move inversely to prices and 1 basis point is equal to 0.01%.The 10-year rate dropped 10 basis points in the previous session, as investors sought shelter in government bonds during a sell-off in stock markets.The tech-heavy Nasdaq Composite index fell 2.4% in the previous session, after social media company Snap warned of slowing growth.Mixed economic data also appeared to weigh on investor sentiment.On Wednesday, investor attention will be focused on minutes from the Federal Reserve’s latest meeting, due out at 2 p.m. ET. More aggressive tightening of monetary policy by the Fed has raised concerns that this could contribute to a slowdown in economic growth.Stock picks and investing trends from CNBC Pro:Salman Ahmed, global head of macro and strategic asset allocation at Fidelity International, said in a note on Wednesday that while a recession in the U.S. was not his firm’s base case, “the risks do appear to be higher than the Fed is admitting.”Ahmed said his team expected the Fed to deliver less tightening in 2022 than both it and markets currently anticipate.”Monitoring how much recession risk is really there, and whether the Fed is evaluating that correctly, will be key to a number of asset allocation decisions in the coming months,” he said.In addition, April’s durable goods orders data is due out at 8:30 a.m. ET.Auctions are scheduled to held for $30 billion of 119-day bills, $48 billion of 5-year notes and $22 million of 2-year floating-rate notes.