Bloomberg Surveillance · Wednesday, July 29, 2026
Following the Federal Reserve's decision to keep interest rates unchanged, markets showed a mixed reaction. Equities pared some losses, and bond yields saw some movement, particularly at the front end of the curve, suggesting a slight relief despite the dissenting votes.
“The move in the market is interesting, though. Equity's off the lows on the S and P five hundred, just to raising some of the losses.”
“In the bond market, let's just the front end of the yield curve. Two yr yields were hired by basis point of two, now down four to four twenty five.”
“So often talk about this Bramo, the difference between economist expectations and the risk that the market was pricing gain and clearly just a little bit of a gap there even with that descent, some relief at the front end of the curve a rally on two.”