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Bond Traders Pull Back on Fed Hike Bets After Soft Jobs Data

Source: Bloomberg

Monetary PolicyInterest Rates & YieldsEconomic DataCredit & Bond Markets

Bond traders reduced expectations for an additional Federal Reserve rate hike this month after indications of weakening in the US labor market. The repricing signals a more dovish near-term rate outlook and could support Treasury prices while reflecting concern over slowing economic momentum.

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