Before last Friday, many investors opined that the U.S. Federal Reserve would probably raise interest rates only once this year. Friday saw short-dated bond yields see their biggest gains in a month as more buysiders started to come in line with the thinking of big brokerages who see the Fed raising rates multiple times in the second half of 2015. Prior to the jobs data, many investors had priced in the timing of the first rate increase for late this year, with some still thinking a move might not happen at all in 2015.
Published in TZ Latest News 10 March, 2015 by The TZ Newswire Staff
Investors see higher yields as U.S. jobs data resets Fed calculus
Published in TZ Latest News 10 March, 2015 by The TZ Newswire Staff
Investors see higher yields as U.S. jobs data resets Fed calculus
Before last Friday, many investors opined that the U.S. Federal Reserve would probably raise interest rates only once this year. Friday saw short-dated bond yields see their biggest gains in a month as more buysiders started to come in line with the thinking of big brokerages who see the Fed raising rates multiple times in the second half of 2015. Prior to the jobs data, many investors had priced in the timing of the first rate increase for late this year, with some still thinking a move might not happen at all in 2015.