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Rate hike at Fed's Dec meeting a certainty for bond traders

Trump's reflationary policies expected to prompt a quicker pace of monetary tightening
Wednesday, November 23, 2016 - 05:50

Washington

A FEDERAL Reserve interest-rate increase next month is as certain as death and taxes for bond traders, as speculation mounts that Donald Trump's reflationary policies will mean a quicker pace of monetary tightening.

The market-implied odds of action at the central bank's

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