Treasury Yields Edge Higher as Fed Holds Rates Unchanged
The Fed held rates unchanged as expected. Lisa Cook and Beth Hammack dissented in support of a hike. The post-meeting statement said economic activity was expanding at a strong pace, with resilient spending and strong productivity.
Treasury yields edge higher as the Fed holds rates unchanged, as expected. FOMC members Lisa Cook and Beth Hammack dissent to support a hike. The post-meeting statement says economic activity is expanding at a strong pace, adding that spending has been resilient, productivity is strong, capital inv…