Bond Market Defies Fed Rate-Cut Expectations, 30-Year Yield Hits 2007 High at 5.31%
Bond markets are sending the Federal Reserve a stark message ahead of its September 16 meeting. While the implied probability of a rate hike in September has collapsed from nearly 100% in late July to just one-third, the 30-year U.S. Treasury yield has climbed to 5.31%, the highest since
GateNews·08-18 12:31
