The 19 People in the Room When the Fed Sets Interest Rates
Published . Updated .
This report is about Interest rates.
Directly affected
- No company is named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond-1.8% 30d
Long-term bonds move when yields change. Linked by “interest rate + fed” in this story
- IEF iShares 7-10 Year Treasury Bond-0.9% 30d
Treasury bonds move when yields change. Linked by “interest rate + fed” in this story
- SHY iShares 1-3 Year Treasury Bond-0.3% 16d
Short-term bonds move when the Fed changes rates. Linked by “interest rate + fed” in this story
- JPM JPMorgan Chase-5.3% 30d
Bank profits move with lending and interest rates. Linked by “interest rate + fed” in this story
- BAC Bank of America-15.0% 30d
Bank profits move with lending and interest rates. Linked by “interest rate + fed” in this story
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TLT | -2.31% | -1.35% | base | after close | after close | after close | after close |
| IEF | -1.06% | -0.90% | base | after close | after close | after close | after close |
| SHY | -0.24% | -0.27% | base | after close | after close | after close | after close |
| JPM | +0.58% | +1.08% | base | after close | after close | after close | after close |
| BAC | -0.32% | +0.51% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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The 19 People in the Room When the Fed Sets Interest Rates WSJ
Source: The Wall Street Journal
The price since 26 Oct 2026: Ishares Tr (TLT) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Bank Of America (BAC) | three days earlier | +0.51% | final price |
| Bank Of America (BAC) | five days earlier | -0.32% | final price |
| Ishares Tr (IEF) | three days earlier | -0.90% | final price |
| Ishares Tr (IEF) | five days earlier | -1.06% | final price |
| Jpmorgan Chase (JPM) | three days earlier | +1.08% | final price |
| Jpmorgan Chase (JPM) | five days earlier | +0.58% | final price |
| Ishares Tr (SHY) | three days earlier | -0.27% | final price |
| Ishares Tr (SHY) | five days earlier | -0.24% | final price |
| Ishares Tr (TLT) | three days earlier | -1.35% | final price |
| Ishares Tr (TLT) | five days earlier | -2.31% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman bought Ishares Tr (IEF) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 47 days before publication. Filed 21 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 52 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 52 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 60 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 47 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Laurel Lee sold Bank Of America (BAC) (held by a spouse), worth $50,001 - $100,000 on 24 Aug 2026. That is 63 days before publication. Filed 16 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who is named in “The 19 People in the Room When the Fed Sets Interest Rates”
Companies tied to this story
- TLT Ishares Tr
In “The 19 People in the Room When the Fed Sets Interest Rates,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: Long-term bonds move when yields change. Linked by “interest rate + fed” in this story
- IEF Ishares Tr
For “The 19 People in the Room When the Fed Sets Interest Rates,” Ishares Tr (IEF) is linked, with no stored direction, medium confidence. Reason on file: Treasury bonds move when yields change. Linked by “interest rate + fed” in this story
- SHY Ishares Tr
Ishares Tr (SHY) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “The 19 People in the Room When the Fed Sets Interest Rates.” Reason on file: Short-term bonds move when the Fed changes rates. Linked by “interest rate + fed” in this story
- JPM Jpmorgan Chase
Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “The 19 People in the Room When the Fed Sets Interest Rates.” Reason on file: Bank profits move with lending and interest rates. Linked by “interest rate + fed” in this story
- BAC Bank Of America
In “The 19 People in the Room When the Fed Sets Interest Rates,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: Bank profits move with lending and interest rates. Linked by “interest rate + fed” in this story
How “The 19 People in the Room When the Fed Sets Interest Rates” reaches Ishares Tr (TLT)
The 26 Oct 2026 story “The 19 People in the Room When the Fed Sets Interest Rates” names Ishares Tr (TLT) because of this story.
The link for Ishares Tr (TLT) is this: Long-term bonds move when yields change. Linked by “interest rate + fed” in this story
Also listed, Ishares Tr (IEF): Treasury bonds move when yields change. Linked by “interest rate + fed” in this story
Dates in the story, and the Ishares Tr (TLT) price range
IEF traded between 88.64 and 91.23 across 20 sessions. The latest close on file is 90.08. SHY traded between 80.96 and 81.44 across 16 sessions. The latest close on file is 81.08. TLT traded between 76.44 and 81.94 across 20 sessions. The latest close on file is 79.46.
How strong the case is around Ishares Tr (TLT)
40 out of 100
“The 19 People in the Room When the Fed Sets Interest Rates” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.