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Fed's Hawkish Hold Sends 30-Year Yields to 19-Year High as Meta Tanks, Microsoft Soars

The Fed holds rates but three officials dissent for a hike, sending the 30-year Treasury yield to its highest since 2007. Plus, Q2 GDP slows to 1.5% even as consumers keep spending, and Big Tech earnings split the AI trade as Meta drops 9% while Microsoft jumps 15%. In this episode: • Fed holds rates steady but with three dissents, signaling 'hawkish hold' — https://apnews.com/article/economy-inflation-spending-growth-consumers-growth-jobs-caf3b24d92688568f9c4f95725c87e55 • U.S. economy slows to 1.5% growth rate in Q2 as consumers keep spending —…

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