Treasuries End Mostly Flat
Treasuries ended Tuesday's session little changed to slightly higher, mostly on dull position squaring. The FOMC meeting provided absolutely no excitement for the markets, either in the run up to the announcement or in the post-statement trade. Indeed, the Fed fully met expectations for a steady 1-1/4% rate target, a balanced risk assessment, and a terse policy statement (note eurodollar traders booed).
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.