Short-Term Treasury Yields Fall as Fed Holds Rates Steady
Shorter-dated Treasuries rose Thursday after the Federal Reserve held rates steady and acknowledged high inflation, prompting traders to reassess rate-hike bets.
Shorter-dated Treasuries rose on Thursday as the Federal Reserve held rates steady, expressing confidence in the strength of the US economy while acknowledging high inflation, spurring traders to reappraise rate hike bets amid an uncertain policy outlook.Two-year yields (US2YT=RR), the most sensiti…