scorecardresearchBond Market is Wrong on Fed’s Path, Economist Says

Bond Market is Wrong on Fed’s Path, Economist Says

Updated: 02 Aug 2022, 09:12 AM IST
TL;DR.
When it comes to predicting the Federal Reserve’s path, the US bond market is more misguided now than at any other time this year as traders increasingly wager the central bank will start cutting rates early next year.
Commuters exit from the Wall Street subway station in New York, US, on Monday, July 18, 2022. US stocks�fell amid a drop in big tech as investors assessed the outlook for corporate profits and risks to economic growth as central banks hike interest rates to combat runaway inflation. Photographer: Jonathan Alpeyrie/Bloomberg

Commuters exit from the Wall Street subway station in New York, US, on Monday, July 18, 2022. US stocks�fell amid a drop in big tech as investors assessed the outlook for corporate profits and risks to economic growth as central banks hike interest rates to combat runaway inflation. Photographer: Jonathan Alpeyrie/Bloomberg