Tue, 21-Oct-2025

Markets promise more swings in Treasury and question the Fed’s schedule

Fed's

Traders challenge the Federal Reserve’s projections for how far it will tighten monetary policy. At issue is the expected high-water mark for the Fed’s rate-hiking cycle. That number has fluctuated over the last several weeks, ramping up Treasury market volatility.  Money markets now reflect expectations of rates topping out at nearly 3.6% by next March. … Read more