Traders Raise Federal Reserve Rate-Hike Odds to 50% as Bond Yields Jump
Market pricing indicates increased expectations for a Federal Reserve interest-rate increase after a sharp rise in Treasury yields.
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Terms & Concepts
Bond yields: The return investors earn on bonds; rising yields often reflect changing expectations for interest rates and inflation.
Federal Reserve rate hike: An increase in U.S. policy interest rates by the Federal Reserve (U.S. central bank), typically used to tighten financial conditions.