Reported about 5 hours ago
Bond traders are reassessing their expectations of Federal Reserve interest rate cuts in light of an upcoming inflation report. A strong labor market has led to a shift in bets, with a growing consensus that inflation remains above the Fed's target, potentially limiting the pace of future rate reductions. Current market forecasts indicate a cautious outlook, with traders adjusting positions to reflect a diminished likelihood of aggressive cuts in the near future.
Source: YAHOO