WS #13047
Fed held rates 9-3; bond market called bluff: 2Y fell, 10Y rose to ~4.68%, 30Y to ~5.22%; Sept hike odds fell to ~65%; dollar dropped, yuan rose.
Fed Decision and Bond Market Reaction
Fed held rates 9-3; bond market called bluff: 2Y fell, 10Y rose to ~4.68%, 30Y to ~5.22%; Sept hike odds fell to ~65%; dollar dropped, yuan rose.