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US Yields Briefly Extend Rise After Fed Holds Rates Steady

Treasury yields briefly extended their move higher after the Fed held rates steady, as expected. The body says the decision was 10-2.

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US Treasury yields briefly extended their move higher on Wednesday after the Federal Reserve held interest rates steady, as expected, with policymakers choosing to delay changes to borrowing costs before the November US midterm elections.In a 10-2 decision, the US central bank said it would maintai…