Economics
Fed Rate-Hike Odds Approach 100% in Anticipation of Trumponomics
- Old Mutual says next target for 10-year Treasury yield is 2.5%
- Global bond index drops 1.5% in Nov., worst month since 2013
Are Markets Still Pricing in a December Rate Hike?
This article is for subscribers only.
Analysts spent early November warning a Trump victory in the U.S. presidential election would make the Federal Reserve less likely to raise interest rates. What happened instead is that it made a December increase a near certainty.
QuickTake The Fed Lifts Off, Barely