Summary of Fed outsized rate cut draws muted reaction, but calm may not last
Summary of Fed outsized rate cut draws muted reaction, but calm may not last
Investors anticipated significant market swings after the Federal Reserve's rate cut, but the reaction was muted. However, this calm may not last as bond yields could spike. The Fed's decision may cause ripples in other markets, with dangerous hours ahead. The market will focus on upcoming data like initial jobless claims. Bonds registered a significant move, with the 10-year yield spiking by seven basis points. Small caps initially bounced on lower interest rates but ended flat. Fed Chair Powell called the rate cut a strong start, although some see it as alarming.
quoting nevent1q…0q09Fed outsized rate cut draws muted reaction, but calm may not last
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https://finance.yahoo.com/news/fed-outsized-rate-cut-draws-050542561.html
Investors anticipated significant market swings after the Federal Reserve's rate cut, but the reaction was muted. However, this calm may not last as bond yields could spike. The Fed's decision may cause ripples in other markets, with dangerous hours ahead. The market will focus on upcoming data like initial jobless claims. Bonds registered a significant move, with the 10-year yield spiking by seven basis points. Small caps initially bounced on lower interest rates but ended flat. Fed Chair Powell called the rate cut a strong start, although some see it as alarming.