Federal Reserve Decision Moves US Treasury Yields In Many Directions

Short-term Treasury yields rose after the Federal Reserve signaled Wednesday, but long-term yields fell Interest rates are likely to rise further This year, more than many investors expected.

Treasury yields, which rise as bond prices fall during periods of volatility in trading, initially surged after the Fed released its interest rate forecast.They then resigned as chairman of the Federal Reserve Board Jerome Powell He took a more nuanced view on the interest rate and economic outlook, emphasizing the Fed’s commitment to fighting inflation, but also noted that the pace of future interest rate increases would depend on upcoming economic data.