For Bond Traders, a Fed Hike This Year Is Looking Like a Toss-Up
- Treasuries wrap up biggest monthly advance in a year
- Futures imply 56% chance of quarter-point boost in 2016
Traders work on the floor of the New York Stock Exchange.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
The bond market is even more skeptical about the chances of a Federal Reserve interest-rate increase this year after the Bank of Japan’s surprise policy move.