Fed decision impact on India: Fed now foe-turned-friend? Sensex jumps over 500 points as Powell's tone gets softer

With Wall Street traders pricing in only a 20% chance of a rate increase in December, the yield on 10-year Treasury notes fell to fresh two-week low of 4.705% while the two-year US Treasury yield, which typically moves in step with interest rate expectations, fell to near two-month low of 4.925%.

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