Economics
JPMorgan, Goldman See Bond Traders' Hubris Ending in Tears
- JPMorgan sees `return on doubt' vis-a-vis Fed coming to an end
- Bond market's inflation outlook is too low, Goldman Sachs says
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For years, one of the easiest ways for bond traders to make money has come from being skeptical of the Federal Reserve’s view on interest rates.
Now, some of Wall Street’s most influential firms say those days are about to end.