4 stories on fed from MarketRadar.
The benchmark 10-year yield dropped by over 19 basis points for its largest single-day fall since March 2023, closing in at 4.9591% on October 23 as the AI tech rout pushed investors toward government bonds and long-dated funds gained nearly 2%.
Fed Chairman Kevin Warsh told the IMF meetings in Bangkok the US economy is riding a "massive investment surge" — then refused to say whether October's meeting brings another rate hike.
Bitcoin tested $80,000 for the second time in a week as a hotter-than-expected September CPI print repriced Fed hike odds — then bounced back above $82,200 as buyers stepped in.
EUR/USD climbed back above 1.120 as the dollar cooled, but ING strategist Francesco Pesole says the bar for a real dollar correction is high — with a December Fed hike still priced, 1.110/1.112 is the next test lower.
