Treasuries Rally, Dollar Falls With Stocks as Fed Holds Rates

  • Yellen sees risk that global economic slowdown will spread
  • Policy senstive 2-year Treasury yields slide most since 2009

Most Important Two Minutes of the Fed News Conference

Treasuries rallied and the dollar tumbled to a three-week low after the Federal Reserve decided against raising interest rates. U.S. stocks retreated as the decision fueled concern that slowing global growth could hamper the domestic economy.

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