The Fed held its benchmark rate at 3.5%-3.75%, but the US 30-year Treasury yield still rose to 5.28%. Markets are increasingly focused on inflation, government borrowing and long-term economic risks rather than Fed decisions alone.
The Fed held its benchmark rate at 3.5%-3.75%, but the US 30-year Treasury yield still rose to 5.28%. Markets are increasingly focused on inflation, government borrowing and long-term economic risks rather than Fed decisions alone.
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