Fed Rate-Hike Odds Jump After Warsh’s Jackson Hole Speech
Traders now see a 57% chance of a September Fed hike after Kevin Warsh’s speech, putting bond yields, stock valuations and the dollar in focus.
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Traders now see a 57% chance of a September Fed hike after Kevin Warsh’s speech, putting bond yields, stock valuations and the dollar in focus.
The US Treasury’s expanded debt buybacks eased pressure on long-term bonds and lifted stocks, putting yields, inflation and Fed policy in focus.
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