Here’s what investors need to watch for on Wednesday — in addition to a Fed rate hike

Investors and bond traders are closely monitoring the Federal Reserve meeting this Wednesday. While a benchmark interest rate hike is widely anticipated, Wall Street remains anxious. Bond market participants have adopted extreme bearish positions, betting that the current Treasury selloff will persist. This trend is driving yields to their highest levels in over a decade, as traders anticipate further volatility beyond a single rate increase during the upcoming Federal Reserve policy decision.