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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