Shares edge up after Fed hike, dollar firm on short-term yields
Global shares rebounded and Treasury yields retreated following a United States Federal Reserve interest rate increase that initially spurred a market sell-off. Stock futures rose across major indexes including Dow Jones futures, while the US dollar remained firm on short-term yields and global bonds recovered. Markets digested a hawkish policy turn by the central bank and shifted their focus toward upcoming interest rate decisions from the Bank of England and the Bank of Japan as global monetary authorities confront rising inflation.
Listen to Live Briefing
Real-time synthesized voice briefing · Live Feeds Desk
- ✓ Global shares rose and Treasury yields fell following the US Federal Reserve's interest-rate increase.
- ✓ Asian stocks traded mixed following Wall Street losses after the Federal Reserve's rate decision.
- ✓ The US dollar remained firm on short-term yields while global bonds recovered.
What changed
Global stock futures rebounded and Treasury yields retreated following an initial market sell-off triggered by the Federal Reserve's rate increase.
Live updates
-
Global Shares Rise After Fed Hike
Global shares rebounded and Treasury yields retreated following a United States Federal Reserve interest rate increase that initially spurred a market sell-off. Stock futures rose across major indexes including Dow Jones futures, while the US dollar remained firm on short-term yields and global bonds recovered. Markets digested a hawkish policy turn by the central bank and shifted their focus toward upcoming interest rate decisions from the Bank of England and the Bank of Japan as global monetary authorities confront rising inflation.
Why it matters
Central bank policy shifts have roiled international financial markets as policymakers attempt to tame persistent inflation pressures. The Federal Reserve raised interest rates, which initially drove down Wall Street and hit global stocks before markets stabilized. Treasury yields retreated and global bonds recovered as investors weighed the monetary tightening against easing pressures from oil and UK gilts.
What is confirmed
- Global shares rose and Treasury yields fell following the US Federal Reserve's interest-rate increase.
- Asian stocks traded mixed following Wall Street losses after the Federal Reserve's rate decision.
- The US dollar remained firm on short-term yields while global bonds recovered.
Still unconfirmed
- Donald Trump fumed over the Federal Reserve rate hike and market impact.
What to watch next
- Interest rate decisions from the Bank of England and the Bank of Japan.
confidence 90%Sources used for this update (13)
- Investor's Business Daily — Dow Jones Futures Rise After Hawkish Fed, Warsh Hit Stocks, Trump Fumes; AMD, Bloom Energy Eye Buy Points
- CNBC — Stock futures rise after Fed's rate hike spurs a market sell-off: Live updates
- reuters.com — Shares tick higher as Fed hikes rates, dollar jumps with short-term yields
- Bloomberg.com — Global Bonds Recover as Warsh’s Inflation Fight Calms Market
- Investing.com — Fed takes hawkish turn after rate hike; BoE ahead - what’s moving markets
- AP News — Asian stocks are mixed after Wall Street slips following Fed’s rate hike decision
- WSJ — Stock Market Today: Dow Futures Climb, What to Watch — Live Updates
- Yahoo Finance — US Stock Futures Rise After Fed Rate Increase as Investors Await Bank of England Decision: Dow Jones, S&P, Nasdaq, Wall Street
- www.straitstimes.com — Shares edge up after Fed hike with dollar firm on short-term yields
- www.briefs.co — Treasuries Rally After Fed Hike as Oil and Gilts Ease Pressure
- www.channelnewsasia.com — Shares edge up after Fed hike, dollar firm on short-term yields
- finance.yahoo.com — World stocks rebound, Treasury yields retreat after Fed, BoE decisions
Community Sentiment: How do you assess this situation?
Voice your perspective · Real-time aggregated sentiment from the Live Feeds community