Stocks, junk bond ETFs fall after Fed’s policy decision

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Stocks, junk bond ETFs fall after Fed’s policy decision
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Stocks and exchange-traded funds that buy high-yield corporate bonds fall Wednesday afternoon after the Federal Reserve raised rates and projected its...

Stocks and exchange-traded funds that buy corporate bonds fell Wednesday afternoon after the Federal Reserve raised rates another 50 basis points and signaled its benchmark rate may peak above 5%.

... Stocks and exchange-traded funds that buy corporate bonds fell Wednesday afternoon after the Federal Reserve raised rates another 50 basis points and signaled its benchmark rate may peak above 5%. The Fed raised its benchmark rate by a half percentage point Wednesday, as widely expected by investors.

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