US Treasury yields shifted dramatically after the Federal Reserve kept interest rates steady, pushing bond traders to pare back their expectations for a hike in September. In the second policy statement released under Warsh, officials held back from offering much guidance on their plans for further policy moves, reiterating the central bank's commitment to price stability. Policymakers voted 9-3 to hold the benchmark federal funds rate in a range of 3.5% to 3.75%. Dallas Fed President Lorie Logan, Cleveland's Beth Hammack and Minneapolis Fed chief Neel Kashkari dissented in favor of raising rates by a quarter percentage point. "The early trade is just relief that Fed didn't move today," said Jack McIntyre, portfolio manager at Brandywine Global Investment Management.