Dollar edges up as traders weigh Fed communication
WSJ Dollar Index is up 0.2%, tracking U.S. Treasury yields, as investors look to post-meeting Fed communication. Bonds are selling off amid uncertainty around government debt, inflation and rising debt supply.
S. Treasury yields. Bonds sell off as investors contend with uncertainty around government debt, inflation and rising debt supply. The Fed is expected to raise rates tomorrow, with traders placing heavy emphasis on the post-meeting communication.