Global bond sell-off deepens amid fears US economy may be running too hot – business live
Rolling coverage of the latest economic and financial newsFinancial markets are now much more confident that the US Federal Reserve will raise interest rates rates at least one more time this year.According to CME Fedwatch, there’s now a 55% chance that US rates are half a percentage point higher by the end of December – implying two quarter-point rate rises…
Rolling coverage of the latest economic and financial newsFinancial markets are now much more confident that the US Federal Reserve will raise interest rates rates at least one more time this year.According to CME Fedwatch, there’s now a 55% chance that US rates are half a percentage point higher by the end of December – implying two quarter-point rate rises…