The outlook for rate cuts in 2025 has steadily dwindled as the economy stays hot and traders worry about a fresh bout of inflation.
Reuters
- The US bond market has been free-fall to start 2025.
- Treasury yields hit their highest level since October 2023 on Friday after a strong jobs report.
- The move has been driven by dimmed rate-cut views and worries about inflationary Trump policies.
The US bond market is off to a tough start in 2025.
This has been reflected in spiking yields...