MARKETS REMAIN FOCUSED ON INFLATION AND INTEREST-RATE RISKS AFTER THE FED RAISED RATES LAST WEEK AND SIGNALED FURTHER TIGHTENING COULD BE NEEDED, WITH THE U.S. 10-YEAR TREASURY YIELD CLOSING JUST BELOW 5%, GOLD TRADING NEAR $4,370 AN OUNCE AND THE YEN AROUND 157 PER DOLLAR AMID THIN HOLIDAY LIQUIDITY IN JAPAN.