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Market Impact: 0.35

Fed Rate-Hike Bets Mount Before Inflation Data, Warsh Testimony

InflationMonetary PolicyInterest Rates & YieldsEconomic DataMarket Technicals & Flows

Bond traders increased bets on a July Fed interest-rate hike ahead of upcoming US inflation data and a Federal Reserve Chair appearance that could reinforce the case for action. The shift in expectations implies higher yields and tighter financial conditions going into the data release.

Analysis

Bond traders increased bets on a July Fed interest-rate hike ahead of upcoming US inflation data and a Federal Reserve Chair appearance that could reinforce the case for action. The shift in expectations implies higher yields and tighter financial conditions going into the data release.

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Market Sentiment

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mildly negative

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