Bond Traders Add to Bets for a Quarter-Point Fed Cut in November --[Reported by Umva mag]

Bond investors lifted wagers that the Federal Reserve will cut interest rates by a quarter point next month as a sharp rise in claims for unemployment took precedence over a hotter-than-expected inflation print.

Oct 10, 2024 - 16:05

Bond Traders Add to Bets for a Quarter-Point Fed Cut in November --[Reported by Umva mag]

(Bloomberg) — Bond investors lifted wagers that the Federal Reserve will cut interest rates by a quarter point next month as a sharp rise in claims for unemployment took precedence over a hotter-than-expected inflation print. Read More

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