Treasuries Surge as Fed Pares Projections for Interest-Rate Path

Updated on
  • U.S. two-year note yields touch lowest level since February
  • Futures traders see about a 38% chance of a hike in 2016

Most Important Two Minutes of Yellen's Statement

Treasuries gained, with two-year note yields touching the lowest since February, as the Federal Reserve left interest rates unchanged and signaled a more gradual hiking path than previously projected.

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