Geopolitics Alpha

The AI Fed Votes to Hold Interest Rates Steady

Published . Updated .

GEOPOLITICS ALPHAThe AI Fed Votes to Hold InterestRates SteadyGEOPOLITICS ALPHA

This report is about US interest rates and AI and big tech.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF-0.9% 30d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • QQQ Invesco QQQ+1.7% 18d

    Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.

  • JPM JPMorgan Chase-3.8% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • BAC Bank of America-12.5% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • DHI D.R. Horton+5.5% 30d

    D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • SCHW The Charles Schwab

    The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.

  • MSFT Microsoft+8.4% 30d

    Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT-1.71%-0.37%baseafter closeafter closeafter closeafter close
IEF-0.94%-0.05%baseafter closeafter closeafter closeafter close
QQQNo price data for this ticker———————
JPM-0.20%-1.26%baseafter closeafter closeafter closeafter close
BAC+0.28%-0.24%baseafter closeafter closeafter closeafter close
DHINo price data for this ticker———————
SCHWNo price data for this ticker———————
MSFTNo price data for this ticker———————

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 AI Fed Votes to Hold Interest Rates Steady Bloomberg.com

Source: Bloomberg

Price since this story was published: Ishares Tr (TLT)

CompanyWhenMoveStatus
Bank Of America (BAC)three days earlier-0.24%final price
Bank Of America (BAC)five days earlier+0.28%final price
Ishares Tr (IEF)three days earlier-0.05%final price
Ishares Tr (IEF)five days earlier-0.94%final price
Jpmorgan Chase (JPM)three days earlier-1.26%final price
Jpmorgan Chase (JPM)five days earlier-0.20%final price
Ishares Tr (TLT)three days earlier-0.37%final price
Ishares Tr (TLT)five days earlier-1.71%final price

Trades by members of Congress and officials in the stocks in this story

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 AI Fed Votes to Hold Interest Rates Steady”

Companies carried with this story

  • TLT Ishares Tr

    In “The AI Fed Votes to Hold Interest Rates Steady,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

  • IEF Ishares Tr

    Ishares Tr (IEF) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “The AI Fed Votes to Hold Interest Rates Steady.” Reason on file: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

  • QQQ Invesco Qqq Trust, Series 1

    For “The AI Fed Votes to Hold Interest Rates Steady,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story

  • JPM Jpmorgan Chase

    For “The AI Fed Votes to Hold Interest Rates Steady,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • BAC Bank Of America

    Bank Of America (BAC) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “The AI Fed Votes to Hold Interest Rates Steady.” Reason on file: Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • DHI Horton D R

    In “The AI Fed Votes to Hold Interest Rates Steady,” Horton D R (DHI) is linked, with no stored direction, medium confidence. Reason on file: D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • SCHW Schwab Charles

    Schwab Charles (SCHW) is linked, with no stored direction, medium confidence in the 28 Oct 2026 story “The AI Fed Votes to Hold Interest Rates Steady.” Reason on file: The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • MSFT Microsoft

    In “The AI Fed Votes to Hold Interest Rates Steady,” Microsoft (MSFT) is linked, with no stored direction, medium confidence. Reason on file: Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story

How “The AI Fed Votes to Hold Interest Rates Steady” reaches Ishares Tr (TLT)

“The AI Fed Votes to Hold Interest Rates Steady” (28 Oct 2026) reaches Ishares Tr (TLT) through this story.

The link for Ishares Tr (TLT) is this: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

Also listed, Ishares Tr (IEF): iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

Price levels for Ishares Tr (TLT)

IEF traded between 88.64 and 91.23 across 20 sessions. The latest close on file is 90.08. QQQ traded between 701.18 and 762.84 across 18 sessions. The latest close on file is 721.22. TLT traded between 76.44 and 81.94 across 20 sessions. The latest close on file is 79.46.

A simple score for Ishares Tr (TLT)

46 out of 100

“The AI Fed Votes to Hold Interest Rates Steady” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.