Market Comment | Bond prices increase amid reassessment of Fed rate rise prospects
Published on Wednesday, August 10, 2016
Market Comment | Bond prices increase amid reassessment of Fed rate rise prospects
Financial markets showed a tentative trade in today’s session, while the probability of Fed interest rate hikes fell from 28% to 20%, showing that investors are re-evaluating the expected return to policy tightening this year. Moreover, investors expect central banks’ officials to keep the current monetary policy stance broadly unchanged at the Jackson Hole monetary […]
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