- Fed held rates steady as expected.
- 10-year yield rose to 5.036% from 5.020% before the decision.
The Fed held rates steady as expected. The 10-year yield rose to 5.036%, the two-year fell to 4.702%. Warsh avoided forward guidance and said growth is not causing inflation. December hike odds rose to 83%. GDP and PCE due Thursday. Treasury refunding announcement next week in focus.
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