Bloomberg Surveillance · Wednesday, October 28, 2026
Jonathan Ferro reports on market movements following the Fed's decision, with the S&P 500 up a third of 1 percent and the Nasdaq up 0.4 percent. In the bond market, two-year yields dropped three basis points to 4.70 percent while tens and thirties rose.
“Equity markets this afternoon shaping up as follows. On the S & P 500, up a third of 1%. On the Nasdaq, up by 0.4%.”
“In the bond market, twos, tens, and thirties. Yields shaping up as follows this afternoon. Twos down three basis points at 470. Tens up four. Thirties up five.”