- Fed held rates steady; Warsh comments slightly dovish.
Asian equities were mixed Thursday after the Fed held rates as expected. Chairman Warsh's comments were read as slightly dovish. The Nikkei rose 1.0%, while the Kospi fell 2.1% on a 5.2% drop in Samsung Electronics after its Q3 earnings missed estimates. Bond yields fell, with the 10-year Treasury yield down 4.2 bp. Oil futures declined but held above $100.
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