US Treasuries held their gains after the Federal Reserve lifted interest rates for the first time since 2023 and forecast further action to rein in inflation. Fed raises benchmark rate to 3.75% to 4% range in response to high inflation and solid employment Key points and original sources are listed below.
- US Treasuries held their gains after the Federal Reserve lifted interest rates for the first time since 2023 and forecast further action to rein in inflation.S1
- Fed raises benchmark rate to 3.75% to 4% range in response to high inflation and solid employmentS2