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-0.00288528089524231 -0.00288528089524231 -0.00310488696270895 -0.00287848895501144 -0.0022316375044471 -0.00287848895501144 -0.00245803551214461 -0.0032019146802937
Stock impact report

Treasuries Slump as Fed Dissents Spur Wagers on 2027 Rate Hike [Yahoo! Finance Canada]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Most Read from Bloomberg US government debt declined broadly, but short tenors, most sensitive to expectations for Fed policy, led the post-Fed selloff. The losses in Treasuries kicked off earlier in the day as Middle East tensions and the continued blockade of the vital Strait of Hormuz spurred a rally in oil prices, adding to inflation concerns. The two-year yield climbed about 11 basis points to 3.95%, the biggest jump since January 2022 for a Fed announcement day. At the same time, traders boosted their bets to 50% for a rate increase by April 2027. The 30-year yield, meanwhile, reached 5% for the first time since July, while the dollar climbed. The Fed held rates steady Wednesday, as expected. However, the decision included a hawkish dissent from several policymakers, who objected to language in the post-meeting statement that suggested the central bank would eventually resume lowering rates, highlighting how the Iran war is complicating the economic outlook. “The three Show less Read more
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