The Morning After: World Sovereign Yields Mostly Decline After Fed Holds Tight

It is the morning after The Federal Reserve held tight on raising their key rate, The Fed Funds Target rate (which has only been raised ONCE since 2006 and that was at last December’s FOMC meeting).
The implied probability of an interest rate change remains about 60% for the December meeting, according to Fed Funds Futures data.

This post was published at Wall Street Examiner on September 22, 2016.