U.S. fed funds rate holds at 0.13 percent
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E-mailNEW YORK (Reuters) - The U.S. federal funds rate
The average, or effective, fed funds rate, which the Fed targets to achieve its rate objective, traded in a range of 0.08 percent to 0.35 percent, compared with 0.06 percent to 0.35 percent on Friday.
U.S. banks and bond market was closed on Monday for the Columbus Day holiday.
(Reporting by Richard Leong)
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