WS #13032

00:22→00:52 UTC

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Fed holds rates at 3.5-3.75% in a 9-3 decision, with three dissenters favoring a hike; 30-year yield surges to 5.14%, stocks sell off sharply.

Fed holds rates steady with hawkish tilt

Fed holds rates at 3.5-3.75% in a 9-3 decision, with three dissenters favoring a hike; 30-year yield surges to 5.14%, stocks sell off sharply.