Fed Rate-Hike Bets Mount Before Inflation Data, Warsh Testimony

Bond traders ramped up bets for a July interest-rate hike ahead of US inflation data and an appearance by the head of the Federal Reserve that stand to reinforce the...

By Michael MacKenzie, Edward Bolingbroke · Bloomberg Markets

Bond traders ramped up bets for a July interest-rate hike ahead of US inflation data and an appearance by the head of the Federal Reserve that stand to reinforce the need for action.