A sell-off in the U.S. government bond market is picking up speed, as a strong economy whittles away at hopes for imminent interest rate cuts from the Federal Reserve. Over the last month, investors have roughly halved the number of cuts they expect the Fed to deliver in 2024, amid booming job growth and stubborn inflation that have made the U.S. central bank hesitant to ease monetary policy too soon. That has exacerbated losses in bonds, complicating the outlook for investors who had bet Treasuries would rise as the Fed cut borrowing costs.
Related Posts
How Quinn Ewers, Texas ‘fought fire with fire’ and beat Michigan at its own game
Quinn Ewers and the Longhorns rampaged into the Big House and manhandled the defending national champs on both sides of the ball, leaving little doubt over Texas’ qualifications for a repeat trip to the CFP.
Jesse Marsch: ‘Rather coach Canada than U.S. right now’
Former USMNT player and current Canada coach Jesse Marsch said that he’s “not bitter” about not being hired to take over the USMNT from Gregg Berhalter in 2023.
Five quarterbacks the Packers could add while Jordan Love is hurt
Green Bay will be without starting quarterback Jordan Love for a few weeks as he recovers from a knee injury, and here are five quarterbacks they could bring in to compete with backup Malik Willis.