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Re: basserdan post# 37223

Wednesday, 03/20/2019 3:26:12 PM

Wednesday, March 20, 2019 3:26:12 PM

Post# of 45226

Best read from bottom up...

2:05p 10-year Treasury yield falls to lowest since Jan. 4

2:03p S&P 500 joins Nasdaq in positive territory after Fed maintains patient policy

2:02p Nasdaq flips into positive territory after Fed policy update

2:02p April gold at $1,307.60/oz in electronic trade, up from $1,301.70 Comex settlement

2:02p Gold futures move up in electronic trade after Fed statement

2:01p Nasdaq virtually unchanged at 7,719

2:01p Dow off 0.4%; S&P 500 off by 0.2%

2:01p ICE U.S. Dollar Index down 0.2% at 96.241

2:01p Dollar index turns negative after Federal Reserve policy update

2:01p Stock market pares loss after Fed leaves rates unchanged, as expected

2:00p 10-year yield at 2.566%; 2-year yield at 2.419%; 30-year yield at 2.997%

2:00p Fed says it may still conduct limited sales of mortgage-related securities

2:00p Fed to reinvest MBS principal payments in range of Treasurys

2:00p Fed to continue to allow mortgage-backed securities to run off after September

2:00p FOMC still sees long-range fed funds rate rising to 2.8%, but not before 2021

2:00p Fed trims PCE inflation forecast in 2019 to 1.8% from 1.9%

2:00p Fed cuts GDP estimate for 2019 to 2.1% from 2.3%

2:00p FOMC leaves benchmark fed funds rate in 2.25%-2.5% range

2:00p Fed to start tapering balance-sheet runoff in May, ending
in September

2:00 PM FOMC Forecast
2:00 PM FOMC Announcement







Dan

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