The bond market stayed stable after Fed kept interest rates unchanged. ETFs were flat. Fed aims to lower 3.4% inflation to 2%, may cut rates once confident. Bond ETFs rose slightly. Fed will continue lowering its holdings to achieve 2% inflation goal.
Recent weeks have seen a massive global bond rally on growing optimism the Federal Reserve has nearly finished hiking interest rates and will soon have to hit pause on its tightening regime.
Recent weeks have seen a massive global bond rally on growing optimism the Federal Reserve has nearly finished hiking interest rates and will soon have to hit a pause on its tightening regime.
