‘Unhinged’ bond yields reset Fed rate-cut odds as inflation spooks traders
Bond traders are sending incoming Fed Chair Kevin Warsh a welcome aboard message that puts a bit of a kibosh on his plan — which reflects President Donald Trump’s persistent demands — to lower interest rates.
Sure, the stock market has been racing to new exuberant highs even while the Iraq war is pushing oil,
» Read more about: ‘Unhinged’ bond yields reset Fed rate-cut odds as inflation spooks traders »