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Tuesday, February 28, 2023

Fundamental: Bond Traders Downgrade 2023 Fed Rate-Cut Odds to a Coin Toss

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Alert Alert Mar 1, 2023, 2:50am
 
Fundamental: Bond Traders Downgrade 2023 Fed Rate-Cut Odds to a Coin Toss
Bond traders no longer view the odds of a Federal Reserve rate cut this year as better-than-even. As recently as mid-January it was an article of faith that the Fed's eight rate increases in the past year had sown the seeds of a recession that would require the central bank to reverse course. Since then, persistently strong employment data and sticky ...
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