COMMENTARY Is the Fed planning yet another hike in short-term interest rates? Stock and bond investors certainly are behaving like it will. Bond prices plunged, forcing the yield on the 30-year U.S. Treasury bond to the highest level in more than two years. Stocks took a pounding as well. On Sept. 20, the Dow Jones industrials dropped more than 67 points, its worst hit in six months. The only stocks doing well of late are those that benefit from inflation, such as gold mining, aluminum, metals, and paper companies.
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