- US government bond prices rally as Fed signals end of rate increases.
- Fed lifts benchmark interest rate to 4.75% to 5%, but removes 'ongoing' rate rises reference.
- Yield on two-year Treasury note drops 0.24% to 3.93%.
- US stock markets close lower after Yellen's comments on bank deposit insurance.
- London's FTSE 100 rises 0.4% after UK inflation unexpectedly jumps to 10.4% in February.
Treasury bonds rally after Fed’s latest rate rise
US stocks close lower as bank shares hit by Yellen’s comments on deposits
Martha Muir
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