Bond yields rose on Thursday as traders continued to parse the latest Federal Reserve rate rise and comments, and looked ahead to jobs data on Friday.
Bond yields rose on Thursday as traders continued to parse the latest Federal Reserve rate rise and comments, and looked ahead to jobs data at the end of the week.
What’s happening What’s driving markets Investors continued to absorb the Federal Reserve’s 10th rate hike in 14 months and accompanying comments, delivered Wednesday. The central bank is expected to take its Fed funds rate target back down to 4.4% by December, according to 30-day Fed Funds futures.
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