Investors price 70% odds of a Sept. Fed rate hike
Investors are pricing a 70% chance the Federal Reserve raises rates at its Sept. 15-16 meeting, up from 37% a week earlier, using CME Group data.
By Chelsey DulaneyInvestors are now pricing in a 70% chance that the Federal Reserve raises rates at its Sept.
15-16 meeting.That is up from 37% a week ago, according to CME Group data.
The jump in rate expectations is a major driver behind the rise in U.S.
Treasury yields.Investors increasingly be…