10-year Treasury yield rises after Fed decision, strong GDP report

After changing the federal reserve interest rates, Treasury returns climbed on Wednesday. Investors also showed that the US economy grew much better than expected in the second quarter.

. 10 -year Treasury return With 4.35 %, approximately 2 basis points rose. . 2 -year yield It was less than 3.88 %to 1 basis points and 30 -year grade yield It won 3 basis points to 4.897 %.

In the afternoon of the Fed Wednesday, President Donald Voted to keep the comparison interest rate constant in contradiction with the demands of the ratio deductions.

The Federal Open Market Committee, which is the group that determines the borrowing rate overnight, voted 9-2 to keep the federal fund rate in a range of 4.25-4.5%. Traders had waited for this decision.

Investors will follow Jerome Powell’s press speech for clues to future monetary policy decisions, especially since Trump’s Central Bank leader is trying to print low rates in recent months.

In the early hours of the day, gross domestic product, which has some goods and service activities in the expanding US economy, increased by 3% during the June-June period. This version exceeded 2.3% of Dow Jones and reversed a 0.5% decrease for the first quarter.

– Jeff Cox contributed to this report.