Treasury yields plunged Tuesday as a slower-than-anticipated pace of consumer price growth last month bolstered the view that the Federal Reserve’s most aggressive interest-rate hiking cycle in decades is over. The 10-year note’s yield fell as much as 21 basis ...
Bond merchants are lastly heeding one of many market’s oldest classes: Do not combat the Fed.? Because the Federal Reserve pushed by its steepest interest-rate hikes in a long time, traders?constantly misjudged?how far it might go, handing them steep losses ...