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U.K. response to 'crisis-style' bond moves revives debate about a Fed pivot away from aggressive rate hikes

Por: MarketWatch Business September 29, 2022

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Yields on 2-, 10- and 30-year Treasurys ended the New York session on Wednesday with their biggest in years as bond buyers jumped back in and traders pulled back on expectations for further Fed rate hikes in November and into 2023. Meanwhile, all three major U.S. stock indexes shook off an uneven start and finished higher, with Dow industrials advancing 548.75 points. “We’ve had a rough road over the past couple of weeks and the market has... + full article



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