The Warsh Rate-Hike Trade Just Collapsed: What It Means for Markets
September Fed hike odds have plunged. Here’s why stocks are benefiting while long-term Treasury yields may stay elevated.
Traders thought the Fed would raise interest rates in September, but now they think it probably won't. When people believe interest rates won't go up as much, stocks often do better because borrowing money stays easier.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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