Yields Soar as Traders Price in Just Two Fed Rate Cuts in 2024
Yahoo Finance -

(Bloomberg) -- Treasury yields soared, reaching new year-to-date highs, as data showing consumer prices rose more than estimated in March prompted investors to abandon wagers on more than two Federal Reserve interest-rate cuts this year.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsBond Trader Places Record Futures Bet on Eve of Inflation DataChinese Cement Maker Halted After 99% Crash in 15 MinutesApple’s India iPhone Output Hits $14 Billion in China... Read this story at ,

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