If The Fed Hiked Rates, Why Are Yields Lower? |
December 25, 2015 | December 2015 Bond Updates |
On December 16th the FOMC raised the target rate for Fed Funds from a range of 0.0% - 0.25% to a range 0.25% to 0.50%. The Federal Funds Effective Rate, immediately responded and is averaging 0.365% since the hike, which is very close to the midpoint of the range. |
View more at: http://www.forbes.com/sites/petertchir/2015/12/24/if-the-fed-hiked-rates-why-are-yields-lower/ |
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