The Traderszone Network

Published in TZ Latest News 15 September, 2015 by The TZ Newswire Staff

Asian shares, U.S. bond yields rise ahead of Fed rate decision

Asian shares followed Wall Street higher on Wednesday, albeit in thin volume, and short-term U.S. bond yields held near 4 1/2-year highs as investors braced for the possibility of the first interest rate hike in the United States in almost a decade. Markets remain mixed on the likelihood of a rate increase by the Fed at its two-day meeting starting later in the day, and U.S. economic data published on Tuesday did little to either back, or douse, expectations of one.

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