Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

Treasuries End Higher on Rate Hikes

Short covering and month-end adjustments underscored the rally ahead of the Federal Open Markets Committee meeting. The Fed's policy-making arm raised its target for the federal funds rate by 25 basis points to 1.25%. The 25-basis-point rate hike was widely discounted and many see that rate headed to 2.25% by the end of this year or early next year.

The committee said it would maintain an accommodative stance that will provide "measured" rate hikes in the future. Still, they indicated they will respond to economic changes to maintain price stability. They also said the recent rise in inflation was transitory. The curve, nonetheless, steepened, as the front end breath a sigh of relief.

Traders look ahead to Friday's Nonfarm Payroll for clues about future Fed moves.

blog comments powered by Disqus