Bond Report: Treasury yields softer ahead of likely Fed rate rise

May 3, 2023

Bond yields nudged lower on Wednesday ahead of the Federal Reserve’s monetary policy decision later in the day.

What’s happening

What’s driving markets

Trading was cautious ahead of the Federal Reserve’s monetary policy decision due at 2 p.m. Eastern. Fed Chair Jay Powell will hold a press conference at 2:30 p.m..

The Fed decision…

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One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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