Treasury yields slid on Thursday, a day after the U.S. Federal Reserve raised interest rates for the first time in three years. The benchmark 10-year Treasury yield was more than 7 basis points lower at 4.

For the first time since 2023, the Federal Reserve is raising interest rates. On September 16, the Fed increased its target range by 25 basis points to 3.75% to 4%, responding to persistent inflation despite continued economic growth.

Former recent Federal Reserve chair contender and BlackRock chief investment officer of fixed income Rick Rieder thinks the guy who ultimately got the gig — Kevin Warsh — has one big challenge on his hands. That is, a rate hike won't necessarily bring down the cost of things for households.

In a widely anticipated move, the Fed on Wednesday raised the overnight funds rate by a quarter percentage point and signaled another hike could come this year.

Investors are gaining more confidence in the Federal Reserve's inflation-fighting backbone, but uncertainty about how far it will raise interest rates to keep prices in check is ​likely to cause volatility for stocks and bonds in the weeks ahead.

Cato Institute vice president of general economics Scott Lincicome analyzes the Federal Reserve interest rate hike and the economic outlook ahead of midterm elections.

Gold held a gain at the end of a volatile week as the Federal Reserve’s first interest-rate hike since 2023 and lower oil prices helped ease concerns about inflation.

The investment bank found that stocks in the energy and information technology sectors perform best one year after an interest-rate hike by the Federal Reserve.