Bond Traders Bail on Fed Hike Wagers on Softer Inflation Outlook
The bullish tone in the US bond market following two benign inflation reports has traders of interest-rate options scrambling to exit positions bought in anticipation of at least one increase...
By Edward Bolingbroke and Cameron Fozi · Bloomberg Markets
The bullish tone in the US bond market following two benign inflation reports has traders of interest-rate options scrambling to exit positions bought in anticipation of at least one increase by the Federal Reserve this year.