Bond yields rise after big spike last week

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Bond yields rise after big spike last week
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Bond yields were steady Monday, after a big surge last week in anticipation of the latest Federal Reserve interest-rate meeting.

Bond yields rose early Monday, after a big surge on the short end last week in anticipation of the latest Federal Reserve interest-rate meeting.

What’s driving markets With only a... Bond yields rose early Monday, after a big surge on the short end last week in anticipation of the latest Federal Reserve interest-rate meeting. What’s driving markets With only a report on home builders sentiment due for release on Monday, attention was focused on the Federal Open Market Committee decision that ends on Wednesday.

Economists at Goldman Sachs said in a note that they’re expecting a 75 basis point increase, as well as half-point increases in both November and December.

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