Bond yields rose on Tuesday as traders jostled for position ahead of the Fed's rate decision midweek.
Bond yields rose on Tuesday as traders jostled for position ahead of the Fed’s rate decision midweek.
Markets are pricing in... Bond yields rose on Tuesday as traders jostled for position ahead of the Fed’s rate decision midweek. Markets are pricing in a 98.9% probability that the Fed will raise interest rates by 25 basis points to a range of 5.25% to 5.50% after the conclusion of its meeting on Wednesday, according to the CME FedWatch tool.
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