► Subscribe to FT.com here: http://on.ft.com/2eZZoLI<br /><br />John Authers analyses a dramatic day on Wall Street following a largely expected rate rise by the Federal Reserve. First the projection that the Fed would raise rates three times next year, and then a surprisingly hawkish press conference by Janet Yellen, prompted a sharp sell-off for the Treasury bonds, and a massive rally for the dollar which brought it to its strongest levels in more than a decade.<br /><br />► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes