The fed did nothing. Markets were firm ahead of the fed and are about where they were before the annoucement. Bonds are lower with the 30 year trying to hold at 4.50%. The 10 year is fighting the 3.40% level. The mlp index is down just under 1 point. The list is split with fractional moves in either direction. Williams Partners (WPZ) is the biggest loser on the stock offering.

Ho--hum!