news

10-year Treasury yield falls as Fed keeps rates the same, notes economic uncertainty

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City.
Angela Weiss | Afp | Getty Images

The benchmark fell on Wednesday after the Federal Reserve , pointing to increasing uncertainty in the outlook for the U.S. economy.

The 10-year Treasury yield was more than 3 basis points lower at 4.281%. The  yield was little changed at 3.797%.

Watch 온라인카지노사이트 5 free wherever you are

Watch button  WATCH HERE

One basis point is equal to 0.01% and yields and prices move in opposite directions.

The Federal Open Market Committee left its federal funds rate in a range of 4.25%-4.5%. That range has remained in place since December, when the Fed .

Get top local stories delivered to you every morning with 온라인카지노사이트 DFW's News Headlines newsletter.

Newsletter button  SIGN UP

"Uncertainty about the economic outlook has increased further," the Fed's post-meeting statement said. "The Committee is attentive to the risks to both sides of its dual mandate and judges that the risks of higher unemployment and higher inflation have risen."

Traders have been concerned that U.S. President Donald Trump's tariff plans could elevate inflation, complicating the path for interest rate decisions. Ahead of Wednesday's decision, they were pricing in a nearly 98% chance that the central bank would hold borrowing rates steady, as per the .

The Fed's meeting comes after Trump repeatedly and pressured the central bank leader to lower rates, even threatening to fire him. Trump later walked back those comments, saying he had of firing Powell.

There are also hopes that the U.S. and China will strike a trade deal after government spokespeople said U.S. Treasury Secretary Scott Bessent and top trade official Jamieson Greer  with their Chinese counterparts this week in Switzerland. There's optimism that trade negotiations are underway after Trump announced sweeping "reciprocal" tariffs in April.

Also on C온라인카지노사이트

Copyright C온라인카지노사이트
Contact Us