Reuters poll sees Fed holding rates in October, all respondents expect December hike

On Oct. 20, Reuters reported that 94 of 100 economists expected the Fed to hold its 3.75%-4.00% rate at the Oct. 27-28 meeting, while all 100 expected a December hike. The report said longer-dated Treasury yields reached multi-decade highs Oct. 7 before retreating nearly 25 basis points as October-hike expectations eased.