(Bloomberg) — Popular trades in the bond market were whipsawed after Federal Reserve Chair Jerome Powell indicated that monetary-policy tightening would still be gradual even as officials boosted the amount of interest-rate hikes they predict for next year.Most Read from BloombergCan Indoor Farms Reach Skyscraper Height?Zero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseSaudi Arabia Wants Its Capital to Be Somewhere You’d Want to LiveThe two-year Treasury yield — which is closely
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