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
Wed, Nov 23, 2016 - 5:50 AM
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...