Global bond yield rout hits Nasdaq futures as Fed-hike bets grow
U.S. bond yields traded at multiyear highs while Nasdaq-led U.S. stock futures fell in afternoon European trade, as investors leaned toward a Federal Reserve rate increase at the next policy meeting.
By Joe StonorGlobal bond yields traded at multiyear highs, while the Nasdaq led a slump in U.S. stock futures in afternoon European trade amid growing investor conviction that the U.S.
Federal Reserve will raise interest rates at its next policy meeting.A fresh bout of tit-for-tat attacks between t…