Heurist Finance

Global bond sell-off deepens as Fed October hike odds jump to 70%

Financial Times · 6 hours ago
  • Global bond sell-off deepened as rising yields strained public finances.
  • Market-implied odds of a Fed rate rise in October jumped to about 70%.
  • Oil held above $100 while Fed rate rise expectations jumped to about 70%.

Quotes

“Rising yields strain public finances”— Financial Times
“expectations of Fed rate rise in October jump to about 70%”— Financial Times

Sources