Bond yields fell slightly on Wednesday as traders jostled for position ahead of the Federal Reserve's monetary policy decision.
Bond yields fell slightly on Wednesday as traders jostled for position ahead of the Federal Reserve’s monetary policy decision.
News... Bond yields fell slightly on Wednesday as traders jostled for position ahead of the Federal Reserve’s monetary policy decision. News on Tuesday that inflation fell last month to a two-year low of 4% has left markets pricing in a 95% probability that the Fed will leave interest rates unchanged at a range of 5.0% to 5.25% after its meeting, according to the CME FedWatch tool.
U.S. economic updates set for release on Wednesday include the producer price index data for May, due at 8:30 a.m.
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