The Fed rate decision is today at 2 p.m. ET, and futures trading puts hike odds above 90%. It would be the first since 2023. Yields hit 19-year highs Tuesday and oil rose again.

Municipal bonds might still offer attractive tax-advantaged income and relatively stable credit quality for investors who understand the risks.

Investors are focused on today’s Fed decision, rising Treasury yields, and elevated oil prices as energy disruptions, inflation concerns, and key economic data shape market expectations.

Stocks are lower across the board as concerns around higher oil, rising Treasury yields and potential inflationary forces sideline investors.

Markets await a possible Fed rate hike as Congress weighs Trump's dividend proposal, a limited fall session, and a Senate vote on crypto regulation.

Tomorrow is expected to bring the first Federal Reserve rate hike since 2023. Oil spiked and tech stocks stumbled Monday amid AI slowdown fears. The 10-year yield topped 5%.

European equities may have support from global growth, improving fundamentals, lower relative valuations, and fiscal spending—plus diversification from the AI cycle.

Last Friday's 0.3% monthly core CPI growth for August raised chances of a Fed rate hike Wednesday. Data is thin, so oil and a possible test of 5% for the 10-year note could be key.

With little other macroeconomic data on the horizon this week, the FOMC will take center stage. Schwab's Kevin Gordon examines past hike cycles in his look at the Week Ahead.