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US bond yields fall after Fed rate hike
After the U.S. Federal Reserve's decision to raise interest rates by 25 basis points to a range between 3.75% and 4%, U.S. Treasury bond yields experienced a slight decline. The 10-year bonds decreased to 4.945%, while the 30-year bonds fell to 5.296%. Fed Chair Kevin Warsh reaffirmed that inflation remains high, prompting the need for tighter monetary policy, with expectations of at least one more increase before the end of the year. There are also calls for measures to reduce interest rates to 1% or lower.
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