(Bloomberg) — Global bond yields soared as traders wagered that the Federal Reserve will raise policy rates by 175 basis points by the end of the year, even as officials pushed back against expectations of a super-sized hike next month. Most Read from BloombergThe Housing Boom May Be About to Go BustThe Housing Party Is Starting to Wind DownTreasuries Sink With Stocks as Rate Bets Repriced: Markets WrapU.S. Inflation Charges Higher With Larger-Than-Forecast GainFed Doesn’t Yet Favor a Half-Poin
— Read on ca.finance.yahoo.com/news/traders-now-betting-least-one-175136824.html
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