Reported about 18 hours ago
Bond traders are closely monitoring upcoming inflation data that could influence the Federal Reserve's decision on interest rates. A mixed November jobs report has led to a significant increase in expectations for a December rate cut, with traders pricing in nearly 80% odds. Analysts emphasize that the consumer price index (CPI) is now more critical than payroll data for determining the Fed's actions, with expectations for continued fluctuations in inflation as investors adjust their strategies.
Source: YAHOO