"Market Reacts: Fed Swaps Shift Odds of Rate Cut, Bond Yields Fall Ahead of Fed Decision"
TL;DR
Bond traders have reduced the likelihood of a Federal Reserve interest-rate cut in March to about one-in-three, following a report on US job openings indicating strength in the labor market. The odds of a rate cut in May have also decreased, with confidence in rate cuts reaching the lowest point since mid-December. The Fed's rate-setting committee is expected to make no change at its upcoming meeting, but statements from Chair Jerome Powell may impact the outlook for interest rates.
Topics:businessfinanceeconomy#bond-traders#federal-reserve#financeeconomy#interest-rates#rate-cuts#us-labor-market
- Fed Swaps Trim Odds of a March Rate Cut to About One in Three Bloomberg
- Treasury yields fall ahead of Fed interest rate decision CNBC
- Traders Pile Into Wagers Targeting a Bigger Bond Market Selloff Bloomberg
- Bond investors gear up for looming Fed interest rate cuts Reuters
- Yields Climb After Consumer Confidence and Labor Data The Wall Street Journal
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