Bond Traders Target Dovish Fed Pick as Rieder’s Momentum Builds

Bond futures traders are ramping up bets on a dovish policy shift at the Federal Reserve as BlackRock Inc.’s chief investment officer Rick Rieder is gaining momentum to succeed Jerome...

By Edward Bolingbroke · Bloomberg Markets

Bond futures traders are ramping up bets on a dovish policy shift at the Federal Reserve as BlackRock Inc.’s chief investment officer Rick Rieder is gaining momentum to succeed Jerome Powell.