US Yields Soar as Traders See Fed Delaying First Cut to December
Drudge Report -

(Bloomberg) -- Treasuries slumped and traders further trimmed their outlook for the pace of Federal Reserve interest-rate cuts, deterred by a US GDP report that highlighted sticky price pressures. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsHow to Get a Meeting With the UAE’s $1.5 Trillion ManZuckerberg...

Related Articles

Latest in News

More from Drudge Report | Bloomberg Federal Reserve bond traders