Bonds Sell Off, Rate Cut Outlook Reassessed
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bond marketInsider
•The bond market is selling off after traders got their Fed forecasts wrong
83% Informative
The bond market is in sell-off mode as traders reassess the path of interest rate cuts from the Federal Reserve .
Strong economic data and the potential for a Donald Trump win have pushed interest rates higher.
The 10-year US Treasury yield jumped to 4.22% on Tuesday , representing its highest level since July .
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