Traders Fully Price in Fed Rate Hike This Year After Jobs Data
Treasuries tumbled after US job growth topped all forecasts in May, driving traders to fully price in a Federal Reserve interest-rate hike by the end of this year.
By Michael MacKenzie · Bloomberg Markets
Treasuries tumbled after US job growth topped all forecasts in May, driving traders to fully price in a Federal Reserve interest-rate hike by the end of this year.