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Bond market gets a Fed wake-up call after pricing in a recession - MarketWatch
Long-term bond yields rose even though the Federal Reserve took a big bite out of interest rates. Here’s why.
By: MarketWatch
- Sep 20 2024
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The Federal Reserve moved in a big way on Wednesday to immediately lower borrowing costs for the first time in four years.
The central banks
first interest-rate cut since 2020 slashed its short-te… [+92 chars]