Treasury Yields Rise After Durable Goods Orders Increase 1.8%
Treasury yields reversed early declines and rose as September durable goods orders increased 1.8%, slightly more than expected, driven by transportation equipment. Markets await tomorrow’s Fed decision; the FOMC is expected to hold rates steady.
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U.S. Durable Goods Orders Jump More Than Expected In September
Treasury yields reverse early declines and rise, as markets wait for tomorrow's Fed decision. The FOMC is expected to keep rates on hold and resume hikes in December. September durable goods orders rise 1.8%, slightly more than expected in a WSJ consensus, driven by transportation equipment. The 10…