Bond Market Sell-Off Cools as Fed Rate Decision Looms

Reported 18 days ago

The bond market has seen a pause in its sell-off as investors shift their focus from recent election results to the upcoming Federal Reserve rate decision. Allspring Global Investments' Janet Rilling indicated that while electoral clarity is improving, substantive uncertainty remains, particularly concerning economic data and employment figures. She suggested that the Fed might consider further rate cuts if economic conditions persist, emphasizing the need for clearer job reports.

Source: YAHOO

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