Pimco Boosts Bond Bets That Fed Will Cut Less Than Global Peers bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) — The stock market rebounded as the latest set of economic data did little to alter bets the Federal Reserve will deliver rate cuts this year, following recent concern that the central bank would delay policy easing. As Wall Street awaited more clues on the Fed’s next steps from Jerome Powell, a report showing…
Markets today: Bond yields climb after ADP with eyes on Powell bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.