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A 10-Day Test Is Coming for Bond Market Battered by Selloff
The US bond market, already stung by the worst selloff in six months, now heads into a crucial two-week stretch that will likely chart its course for the rest of the year. A series of market-moving events are coming in rapid succession, kicked off by the Treasury Department’s announcement Wednesday on the scale of its coming debt sales and by monthly payroll figures Friday that will show whether the economy is cooling enough to justify further interest-rate cuts. That’s followed by even bigger ones next week: The Nov. 5 presidential election and, two days later, the Federal Reserve’s first meeting since it ... (full story)
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- Posted: Oct 27, 2024 8:38pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,361
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