Bond Market Suffers a Huge Sell-Off Into Fed Speak

“All eyes are on the release of the Federal Reserve’s monetary policy statement from its latest FOMC meeting at 2 PM ET and Fed Chairman Ben Bernanke’s subsequent press conference and Q&A, which begins at 2:30.

Stocks are flat and trading sideways today, heading into the big event this afternoon.

However, the bond market is selling off…”

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