Stocks drop and bond yields rise after Fed cuts rates for third time since July

The Fed was widely expected to cut interest rates by a quarter point on Wednesday, its third rate cut since July. J.P. Morgan Asset Management's David Kelly, Bessemer Trust's Rebecca Patterson, Western Asset's John Bellows, and CNBC's Steve Liesman react to the Fed's decision.
05:01
Wed, Oct 30 20192:15 PM EST