![Sentiments on hold for Fed meeting, China’s loan prime rate in focus Sentiments on hold for Fed meeting, China’s loan prime rate in focus](https://shmi.ir/wp-content/uploads/2023/09/Sentiments-on-hold-for-Fed-meeting-Chinas-loan-prime-rate-150x203.jpg)
[ad_1] Further de-risking took hold of Wall Street overnight, as the usual caution persisted in the lead-up to the Federal Open Market Committee (FOMC) meeting, albeit with some paring of losses into the latter half of the session. Treasury yields resumed their ascent to retest their multi-year highs, seemingly reflecting increased positioning for a hawkish-pause