Federal Reserve meeting opens amid AI sell-off and 10-year yield at 2007 level

  • Federal Reserve begins a two-day meeting amid widespread price dislocations.
  • 10-year Treasury yield reached a level not seen since 2007.
  • Crude prices rose after Houthi strikes on Saudi Arabia and Strait of Hormuz disruption.

The Federal Reserve is set to begin a two-day meeting as markets face several sharp price dislocations. The AI sell-off prompted President Donald Trump to intervene, dismissing concerns as a "hoax." Meanwhile, the 10-year Treasury yield reached a level not seen since 2007, while crude prices moved higher after fresh Houthi strikes on Saudi Arabia and disruption in the Strait of Hormuz. NVDA is listed in the article.

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