Short duration treasury yields clocked fresh decade highs in the overnight trade. Fed reiterated its hawkish stance, confirming a Dec rate hike. The US two-year, three-year, and five-year yields rose to new decade highs yesterday, as the Fed kept rates unchanged, but reaffirmed its hawkish monetary tightening stance, setting the stage for a rate hike in December. Notably, the policy statement showed no sensitivity to recent turmoil in stock markets. Key points (Source: Reuters) US 2-year treasury yield hits 2.977 percent, highest in 10-1/2 years in late US trading. US 5-year treasury yield reaches 3.098 percent, highest in a decade, extends earlier rise as fed hints at further rate hikes. US 3-year treasury note hit the highest yield levels since it was reintroduced 10 years ago. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD Forecast November 5-9 – CAD climb curbed by Crude Yohay Elam 4 years Short duration treasury yields clocked fresh decade highs in the overnight trade. Fed reiterated its hawkish stance, confirming a Dec rate hike. The US two-year, three-year, and five-year yields rose to new decade highs yesterday, as the Fed kept rates unchanged, but reaffirmed its hawkish monetary tightening stance, setting the stage for a rate hike in December. Notably, the policy statement showed no sensitivity to recent turmoil in stock markets. Key points (Source: Reuters) US 2-year treasury yield hits 2.977 percent, highest in 10-1/2 years in late US trading. US 5-year treasury yield reaches 3.098 percent, highest in a decade,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
