Daily News: October 30, 2015

WSJ: Investors Shed 10-Year Notes Amid Interest Rate Anxiety


The Wall Street Journal reported that the price of U.S. government-debt declined for a second consecutive session, as anxiety over a possible interest-rate increase by the Federal Reserve in December sent the yield on the benchmark 10-year note to a one-month high.

The Journal said after the Fed indicated on Wednesday that it would raise interest rates in December, investors have been shedding bondholdings.

The Journal said many investors believed that the Fed would not increase rates until 2016; however, the Fed’s statement issued Wednesday erased those notions and caused investors to take the possibility of an increase more seriously.