(Bloomberg) — Treasuries rallied while the dollar tumbled and stocks fluctuated after the Federal Reserve opted to hold interest rates steady.

The yield on 10-year Treasury notes sank seven basis points to 2.22 percent, while the Bloomberg Dollar Spot Index tumbled 0.4 percent a 2:08 p.m. in New York.

The Standard & Poor's 500 Index swung between gains and losses as the decision to hold fueled debate on the strength of the American economy.

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