Traders Bet Fed Under Warsh Will Hike Rates by December
Bond traders are fully pricing in an interest-rate hike by the Federal Reserve this year, a sign of conviction in the market that incoming Chair Kevin Warsh will need to...
By Greg Ritchie · Bloomberg Markets
Bond traders are fully pricing in an interest-rate hike by the Federal Reserve this year, a sign of conviction in the market that incoming Chair Kevin Warsh will need to move quickly to combat inflation.