Fed Rate-Increase Odds at 74% in Market as Pimco Sees Liftoff
- `Very high probability' Fed will move `at last,' Pimco says
- U.S. Treasury set to sell five-year notes on Tuesday
This article is for subscribers only.
The probability the Federal Reserve will raise interest rates at its next meeting in December is at 74 percent, and Pacific Investment Management Co. says a move is likely.