scorecardresearchUS Debt Buyers Brace for Fed to Hike ‘Until Something Breaks’; 9 analysts say this

US Debt Buyers Brace for Fed to Hike ‘Until Something Breaks’; 9 analysts say this

Updated: 22 Sep 2022, 07:06 AM IST
TL;DR.
US corporate debt markets fluctuated between losses and gains after Federal Reserve officials raised interest rates by 75 basis points for the third consecutive time and stoked expectations among debt investors for even tighter policy ahead.
Federal Reserve Chair Jerome Powell departs after speaking at a news conference Wednesday, Sept. 21, 2022, at the Federal Reserve Board Building, in Washington. Intensifying its fight against chronically high inflation, the Federal Reserve raised its key interest rate by a substantial three-quarters of a point for a third straight time, an aggressive pace that is heightening the risk of an eventual recession. (AP Photo/Jacquelyn Martin)

Federal Reserve Chair Jerome Powell departs after speaking at a news conference Wednesday, Sept. 21, 2022, at the Federal Reserve Board Building, in Washington. Intensifying its fight against chronically high inflation, the Federal Reserve raised its key interest rate by a substantial three-quarters of a point for a third straight time, an aggressive pace that is heightening the risk of an eventual recession. (AP Photo/Jacquelyn Martin)