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The bond market swings, but US stocks remain steady after the Fed says it wont raise interest rates

NEW YORK (AP) — The bond market swung, while U. S. stocks held relatively steady after the Federal Reserve decided not to raise its main interest rate to bring down high inflation. The S&P 500 rose 0. 3% Wednesday. The Dow Jones Industrial Average added 0. 2%, and the Nasdaq composite 0. 3%. In the bond market, the two-year Treasury yield initially jumped after the Fed held its main interest rate steady. It then reversed course after traders pared expectations for coming hikes to rates. can...

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