Investors React to Fed Rate Decision with Rise in Treasury Yields

US Treasury yields rose slightly as investors analyzed the Federal Reserve's latest interest rate decision and policy outlook. The Fed paused its rate-hiking campaign after 10 consecutive rate increases, and left rates unchanged following its latest policy meeting. The Fed also suggested that further hikes could be on the horizon, with officials anticipating interest rates going as high as 5.6% this year as two further rate hikes are expected. Investors will be looking out for May's retail sales figures and weekly initial jobless claims data.