Euro area government bond yields rose
on Friday after data showed the U.S. economy added more jobs
than expected last month, putting a dampener on expectations for
rate cuts from the Federal Reserve.
(Bloomberg) A torrid bond-market rally shows traders are convinced the Federal Reserve’s rate-rising cycle is over. The debate now turns to when central bankers start cutting, and by how much.Most Read from BloombergAlaska Air Agrees to Buy Hawaiian in $1.9 Billion DealKISS Avatars Go On Tour After Paul Stanley, Gene Simmons RetireBitcoin Hits $40,000 Level for the First Time Since May 2022US Warns Iran-Backed Houthis After Attacks on Red Sea ShippingEerie Calm in S&P 500 Signals Historic Ral
A torrid bond-market rally shows traders are convinced the Federal Reserve’s rate-rising cycle is over. The debate now turns to when central bankers start cutting, and by how much.
Bond Market Euphoria Shifts to Debate Over How Low Fed Will Need to Go 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.