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The bond market swings, but US stocks remain steady after the Fed says it won’t raise interest rates

The bond market swings, but US stocks remain steady after the Fed says it won’t raise interest rates
Photo: Odessa American (oaoa.com) · view original

By STAN CHOE AP Business Writer NEW YORK The bond market swung Wednesday, while U.S. stocks ticked higher following the Federal Reserve ’s decision not to raise its main interest rate to bring down high inflation. The bond market’s moves indicated traders see less of a chance of hikes to rates i...

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