Bond Traders Keep Bets on a Fed Hike This Year After CPI Report
Treasuries strengthened slightly after core US inflation accelerated by less than forecast in May, with bond traders maintaining their bets that the Federal Reserve will raise interest rates by the...
By Greg Ritchie, Ye Xie · Bloomberg Markets
Treasuries strengthened slightly after core US inflation accelerated by less than forecast in May, with bond traders maintaining their bets that the Federal Reserve will raise interest rates by the end of the year.