Treasuries experienced choppy trading after the Fed’s monetary policy announcement. The yield on the ten-year note barely moved, ending at 3.503 percent. The Fed plans to slow interest rate increases, raising rates by 50 basis points to a range of 4.25 to 4.50 percent. Economic projections suggest rates could reach 5.1 percent next year. Analysts like Ryan Sweet from Oxford Economics believe the Fed may raise rates more than expected due to inflation concerns. Fed Chair Jerome Powell stated more evidence of sustained inflation decline is needed. Traders await economic data releases and continue to monitor market conditions.

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