Two votes for a hike keep December live and lift the 10-year above 5%
+5.2 bp to 5.044%
The Fed held at 3.75% to 4%, but two officials voted to raise rates and the statement said inflation remains elevated. Traders kept about an 85% chance of a December hike, and the 10-year yield closed above 5%.
BPlausibleOpenRead the evidence and the testSealed 6664b7129b1c
