The Fed maintains interest rates unchanged; bond traders estimate a 90% probability of a rate hike in December
2026-10-29 03:27:56
CoinMeta data: The Federal Reserve decides to keep interest rates unchanged, and U.S. Treasury prices fall slightly. This decision reinforces traders' expectations that the Fed will restart tightening in December. After the interest rate decision was announced on Wednesday, the yield of two-year Treasury bonds, which are more sensitive to the Fed's policy path, rose by about 3 basis points to 4.76%. Traders expect that there is a roughly 90% chance that the Fed will raise interest rates by 25 basis points at its next policy meeting in December. Fed officials led by Chairman Powell decided to maintain U.S. borrowing costs in the range of 3.75% to 4%, although two policymakers disagreed with this decision. Investors will closely watch Powell's press conference later to look for clues regarding the Fed's decision-making logic and future prospects.
Source:Jin10 Data
This content is for market information only and does not constitute investment advice.
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