On Wednesday, the US stock market opened higher and moved lower, and the US bond yield rose with the US dollar

On Wednesday, the US stock market opened higher and moved lower, and the US bond yield rose with the US dollar

The Federal Reserve, as expected by the market, said in September that interest rates will remain high for a longer period of time

On Wednesday (September 20), the US stock market opened higher and moved lower, and US bond yields rose with the US dollar. The Federal Reserve, as expected by the market, stated in September that interest rates will remain relatively high for a longer period of time. Will Compernolle, macro strategist at FHN Financial, pointed out that although the dot chart indicates another rate hike, it does not necessarily represent the end point, and there may be more rate hikes early next year.

The Standard&Poor's 500 index fell nearly 1%, while the Nasdaq 100 index underperformed due to the decline of giants such as Apple and Tesla. The yield of two-year US treasury bond bonds hit the highest level since 2006. The interest rate reduction for the pricing of swap contracts next year is less than previously expected. FedEx, a barometer of global economic growth, rose in late trading due to its bullish outlook.